consider the following projects:

please do all 3 parts!

Consider the following projects: Assume that the projects are mutually exclusive and that the opportunity cost of capital is 12%. a. Calculate the profitability index for each project. b-1. Calculate the profitability-index using the incremental cash flows. b-2. Which project should you choose? Complete this question by entering your answers in the tabs below. Calculate the profitability-index using the incremental cashrilows. Note: Do not round intermediate calculations. Round your answer to 2 decimal places