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Consider the following two mutually exclusive projects: Year Cash Flow ( A ) Cash Flow ( B ) 0 $ 3 5 0 , 0

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B)0 $ 350,000 $ 50,000145,00024,000265,00022,000365,00019,5004440,00014,600 Whichever project you choose, if any, you require a 15 percent return on your investment. 1) What is the profitability index for each project? (Do not round intermediate calculations and round your final answers to 3 decimal places.

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