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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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