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Refer to two projects with the following cash flows: Year 0 1 2 3 4 Project A -$140 60 60 60 Project B -$140 70

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Refer to two projects with the following cash flows: Year 0 1 2 3 4 Project A -$140 60 60 60 Project B -$140 70 70 70 60 If the opportunity cost of capital is 8%, what is the profitability index for each project? (Round your answers to 4 decimal places.) Project A Project B Does the profitability Index rank the projects A and B correctly? (Click to select)

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