ee. You are considering two independent projects with cashflow information below. Both have been assigned a discount rate of 8%. Based on the profitability index, what is your recommendation concerning these projects? Year Project A Project B 0 -$39,500 -$42,000 1 20,000 10,000 2 24,000 35,000

A You should accept both projects since both of their PIs are positive

B You should accept both projects since both of their PIs are greater than 1

C You should only accept project B since it has the largest PI and the PI exceeds 1

D Neither project is acceptable

E You should accept project A since it has the higher PI