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The following are the cash flows of two projects: Year Project A Project B 0 $220$220 1 100120 2 100120 3 100120 4 100 If
The following are the cash flows of two projects:
Year Project A Project B
0 $220$220
1 100120
2 100120
3 100120
4 100
If the opportunity cost of capital is 10%, what is the profitability index for each project?
Project Profitability Index (round to four decimals)
A.
B.
I got 1.4408 and 1.3564 respectively. These appear to be incorrect.
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