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THE ANSWERS ARE INCORRECT Consider the following projects: C1 2 Project +$2,400 1,840 -$2,500 +$1,600 1,808 - 2,500 a. Calculate the profitability index for A

image text in transcribedTHE ANSWERS ARE INCORRECT

Consider the following projects: C1 2 Project +$2,400 1,840 -$2,500 +$1,600 1,808 - 2,500 a. Calculate the profitability index for A and B assuming a 24% opportunity cost of capital. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Profitability index Project 1.1904 1.0639

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