a. Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) PI 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 13 percent. Project Y Project X You are asked to evaluate the following two projects for Boning Corporation. Use a discount rate of 13 percent. Use Aposndief a. Calculate the profitabulity index for project X. IRound "PV Factor" to 3 decimal places. Round the final onswer to 2 decimal ploces.? PI b. Calculate the profitabiscy index for project Y.. (Round "pV Foctor" to 3 decimal places. Round she finel answer to 2 decimel pleces.) PP c. Using the NPV method combined with the Pl apprasch, which praject wauld you select? Use a discount rate af 13 percent. Praject Y Prolect x