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Consider projects A and B with the following cash flows: C0 C1 C2 C3 A -$29 $18 $18 B -$54 29 29 What is the

Consider projects A and B with the following cash flows:

C0 C1 C2 C3

A -$29 $18 $18

B -$54 29 29

What is the profitability index of each project? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

wrong answers:

Project A 1.27 (Profitability Index)

Project B 1.47 (PI)

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