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By using the table above answer the question. h-1. If the opportunity cost of capital is 10%, what is the profitability index for each project?

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By using the table above answer the question.

h-1. If the opportunity cost of capital is 10%, what is the profitability index for each project?

The below given results are stated as false. Using the profitability index formula I reached out to the conclusion in below image. Can you show the correct result with an explanation?

image text in transcribed

Consider the following two projects: If the opportunity cost of capital is 10%, what is the profitability index for each project? (Round your answers to 2 decimal places.)

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