Suppose the following two independent investment opportunities are available to Relax, Inc. The appropriate discount rate is 10 percent Year Project Alpha Project Beta $4,900 2,500 2,400 1,550 $6,500 1,450 4,900 4,200 2 a. Compute the profitability index for each of the two projects. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Profitability Index Project Alpha Project Beta b. Which project should the company accept based on the profitability index rule? Project Alpha Project Beta