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Gardial Fisheries is considering two mutually exclusive investments. The projects' expected net cash flows are as follows: begin{tabular}{|c|c|c|} hline & multicolumn{2}{|c|}{ Expected Net Cash Fl

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Gardial Fisheries is considering two mutually exclusive investments. The projects' expected net cash flows are as follows: \begin{tabular}{|c|c|c|} \hline & \multicolumn{2}{|c|}{ Expected Net Cash Fl } \\ \cline { 2 - 3 } Time & Project A & Project B \\ \hline 0 & ($375) & ($575) \\ \hline 1 & ($300) & $190 \\ \hline 2 & ($200) & $190 \\ \hline 3 & ($100) & $190 \\ \hline 4 & $600 & $190 \\ \hline 5 & $600 & $190 \\ \hline 6 & $926 & $190 \\ \hline 7 & ($200) & $0 \\ \hline \end{tabular} f. What is the profitability index for each project if the cost of capital is 12% ? Pl of A: PI of B

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