I need help with problems 11 and 12. Thanks.

1381_03F You are tasked with assessing the performance of the following projects and to rank the projects using the profitability index Project 1 The opportunity cost of capital is 8%. The initial cost of the project is $500,000 and generates the following cash flows $228,000 in year 1, $178,000 in year 2, $249,000 in year 3, and $12,000 in year 4. Project 2 The opportunity cost of capital is 9% The initial cost of the project is $480,000 and generates the following cash flows: $200,000 in year 1, $150,000 in year 2. $190,000 in year 3, and $80,000 in year 4. Project 3 The opportunity cost of capital is 7%. The initial cost of the project is $570,000 and generates the following cash flows: $150.000 in year 1 $180,000 in year 2. $120,000 in year 3, and $200,000 in year What is the NPV of Project 1? Select one a. Less than $0 8:01 AN 12/1/20 Question 11 What is the Profitability Index of Project 2? Not yet answered Points out of 1 Flag question Select one: a. Less than 0.10 b. Between 0.10 and 0.20 c. Between 0.20 and 0.30 d. Between 0.30 and 0.40 e. Greater than 0.50 Question 12 Ranking the projects by profitability index from highest to lowest, the rank order of the projects is: Not yet answered Points out of 1 Select one: a. 1,2,3 b. 2,3,1 P Flag question @ @ C. 3.1.2 d. 2,1,3 e. 1.3,2 o BI