The Bosa Corporation is trying to choose between the following two mutually exclusive design

projects:

Year Cash Flow (I) Cash Flow (II)

0 $66,000 $ 17,800

1 29,000 9,600

2 29,000 9,600

3 29,000 9,600

a-1 If the required return for both projects is 10 percent, what is the profitability index for both projects? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.)

Profitability Index

Project I

Project II

b-1 What is the NPV for both projects? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g.,32.16.)

NPV

Project I $

Project II $