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Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which

Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which projects the company should accept. What is the PI of project A and B? nothing(Round to two decimal places.)

Cash Flow Project A Project B Year 0 -1,800,000 -2,400,000 Year 1 100,000 1,200,000 Year 2 300,000 1,000,000 Year 3 500,000 800,000 Year 4 700,000 600,000 Year 5 900,000 400,000 Discount rate 8% 16%

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