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Suppose the following two independent investment opportunities are available to greener inc the appropriate discount rate is 11 percent. Compute the profitability index for each

Suppose the following two independent investment opportunities are available to greener inc the appropriate discount rate is 11 percent. Compute the profitability index for each of the two projects? Which projects should the company accept based on the profitability index rule ?
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Project Alpha $6, 100 3,100 3,000 1, 850 Project Beta $7,700 1, 750 6 100 4, 800 Year 0 1 2 3

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