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Consider projects A and B with the following cash flows: C 0 C 1 C 2 C 3 A $ 30 + $ 19 +

Consider projects A and B with the following cash flows:

C0 C1 C2 C3
A $ 30 + $ 19 + $ 19 + $ 19
B 55 + 30 + 30 + 30

b-1.

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

Project Profitability index
A
B

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