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The following are the cash flows of two projects: Year Project A Project B 0 $ (230 ) $ (230 ) 1 110 130 2
The following are the cash flows of two projects:
Year | Project A | Project B | ||||
0 | $ | (230 | ) | $ | (230 | ) |
1 | 110 | 130 | ||||
2 | 110 | 130 | ||||
3 | 110 | 130 | ||||
4 | 110 | |||||
If the opportunity cost of capital is 11%, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
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