Consider the following projects: Cash Flows (5) Project CO C D -11,200 22,400 E -21,200 37,100 Assume that the projects are mutually exclusive and that the opportunity cost of capital is 12% a. Calculate the profitability index for each project. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Project Profitability Index D mo E -1. Calculate the profitability-index using the incremental cash flows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Profitability-index