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Problem 8-6 Profitability Index (L03) The following are the cash flows of two projects: Year Project A Project B $(290) $(290) NO 170 170 170

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Problem 8-6 Profitability Index (L03) The following are the cash flows of two projects: Year Project A Project B $(290) $(290) NO 170 170 170 170 190 190 190 3 4 If the opportunity cost of capital is 11%, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Project Profitability Index B

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