The following are cash flows for two projects (Project A & Project B):

Year Project A. Project B

0 (260) (260)

1 140 160

2 140 160

3 140 160

4 140 160

If the opportunity cost of capital is 11%, what is the profitability index for each project? (Do not round intermediate calculations. Round the answers to 4 decimal places.)

Profitability Index for Project A =

Profitability Index for Project B =