Evaluate the following projects, using the profitability index Assume a cost of capital of 12% (SK1: 7 marks] Year Cash Flow Year O Project N -5140.000 Cash Flow Year 1 Project M -$125.000 11.500 63,500 95.000 80.000 Cash Flow Year 2 Cash Flow Year 3 47.500 37.500 Required: 2. What is the profitability Index for each project? (5 maris) bit these projects are mutually exclusive which would you accept according to the Plccriterion Justify your answer marks Pengah