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Question 15 4 pts SoBee is considering two mutually exclusive capital budgeting projects, Project A and Project B, which have a cost of capital of
Question 15 4 pts SoBee is considering two mutually exclusive capital budgeting projects, Project A and Project B, which have a cost of capital of 12%. The expected future cash flows are given below. Year 0 1 2 3 4 5 CF Project A -130 60 50 40 30 20 CF Project B -130 30 35 35 50 75 If you are choosing on the basis of PI (profitability index), what is the Pl of the better project? (Express your answer as a number accurate to four decimal places.)
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