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Problem 8-6 Profitability Index (L03) The following are the cash flows of two projects: Year Project A Project B 0 $(280) $ (280) 1 160

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Problem 8-6 Profitability Index (L03) The following are the cash flows of two projects: Year Project A Project B 0 $(280) $ (280) 1 160 180 2 160 180 3 160 180 4 160 If the opportunity cost of capital is 10%, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Project Profitability Index A B

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