Calculate the profitability index for each project first. Suppose Project A and Project B are mutually exclusive (i.e., you can choose either one of them but not both), which project(s) should be accepted when the profitability index rule is considered?

Orange Inc. is considering the following two projects A in Germany and B in India, respectively: Year Cash Flow (A) Cash Flow (B) 0 -1,000,000 -500,000 400,000 200,000 1 2 500,000 350,000 3 600,000 400,000 The discount rate for Project A is 10%, and the discount rate for Project B is 15%