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Refer to two projects with the following cash flows: Project A -$160 Project B -$160 Year 0 1 2 3 4 70 70 70 70
Refer to two projects with the following cash flows: Project A -$160 Project B -$160 Year 0 1 2 3 4 70 70 70 70 85 85 85 If the opportunity cost of capital is 14%, what is the profitability index for each project? (Round your answers to 4 decimal places.) (Click to select) Project A Project B Does the profitability index rank the projects A and B correctly?
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