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Consider the following projects: Project C 0 C 1 C 2 A $ 2 , 7 0 0 + $ 2 , 6 0 0

Consider the following projects:
Project C0
C1
C2
A $ 2,700+$ 2,600+$ 1,800
B 2,700+2,040+1,848
Calculate the profitability index for A and B assuming a 23% opportunity cost of capital.
Note: Do not round intermediate calculations. Round your answers to 4 decimal places.
According to the profitability index rule, which project(s) should you accept?
multiple choice
Project A
Project B
Both
Neither

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