After graduating from college, you received an offer from Shrek Corporation as a corporate financial analyst. Your department is currently considering two independent projects, Project A and Project B. The company's cost of capital is 10%. The projects have the following cash flows: Year Cash Flow (A) Cash Flow (B) 0 -500 -500 150 300 300 300 2 3 250 0 4 100 300 What is project A's Profitability Index (PI)? 1.600 0.4552 1.2809 1.1966