Suppose the following two independent investment opportunities are available to a company. The appropriate discount rate is 11 percent. 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.) Answer is complete but not entirely correct. b. Which project(s), if either, should the company accept based on the profitability index rule? Project Alpha Project Beta x Neither project Both projects