Calculate the Profitability Index for Project B A firm is considering the following mutually exclusive investment projects. Project A requires an initial outlay of $500 and will return $120 per year for the next seven years. Project B requires an initial outlay of $5,000 and will return $1,350 per year for the next five years. The required rate of return is 10%. Use t Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 1.0235 b 1.1287 C 1.2873 d 1.3875 rD 1.4763 Calculate the NPV for Project A (I = 5%) PROJECT A -2000 500 600 700 800 PROJECT B -2000 950 850 400 300 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a a $215.86 b $238.78 $258.97 d $272.07 e $283.26