c9 q-11 need help with the last 2 steps 3& 4

Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which projects the company should accept.

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in order to copy its contents into a spreadsheet.)

Cash Flow	Project A		Project B
Year 0	$1,900,000		$2,700,000
Year 1	$350,000		$1,350,000
Year 2	$500,000		$1,200,000
Year 3	$650,000		$1,050,000
Year 4	$800,000		$900,000
Year 5	$950,000		$750,000
Discount rate	7%		13%

What is the PI of project A?

1.35901.3590

(Round to two decimal places.)

Part 2

Project A should be

accepted

Part 3

What is the PI of project B?

(Round to two decimal places.)