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a. Calculate the profitability index for project X. (Round PV Factor to 3 decimal places. Round the finat answer to 2 decimal places.) P) b.

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a. Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round the finat answer to 2 decimal places.) P) b. Calculate the profitability index for project Y. (Round "PV Factor" to 3 decimal places, Round the final answer to 2 decimal places.) PI c. Using the NPV method combined with the PI approach, which project would you select? Use a discount rate of 10 percent Project Y Project X

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