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Consider the following projects: C2 Project A B Co -$2,350 - 2,350 +$2,250 + 1,690 +$1,450 + 1,778 a. Calculate the profitability index for A
Consider the following projects: C2 Project A B Co -$2,350 - 2,350 +$2,250 + 1,690 +$1,450 + 1,778 a. Calculate the profitability index for A and B assuming a 22% opportunity cost of capital. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Project Profitability index B b. According to the profitability index rule, which project(s) should you accept? O Project A O Project B Both O Neither
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