Suppose the following two independent investment opportunities are available to a company. The appropriate discount rate is 10 percent. Year Project Alpha Project Beta 0 -$5,900 -$ 7,500 5:49 1 3,000 1,700 23 2,900 5,900 3 1,800 4,700 ces 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.) Project Alpha Project Beta Profitability Index Which project(s), if either, should the company accept based on the profitability index rule? O Project Alpha < Prev 21 of 25 Next >