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The following are the cash flows of two projects: Year Project A Project B 0 ?$ 380 ?$ 380 1 210 280 2 210 280
The following are the cash flows of two projects:
Year | Project A | Project B | ||||
0 | ?$ | 380 | ?$ | 380 | ||
1 | 210 | 280 | ||||
2 | 210 | 280 | ||||
3 | 210 | 280 | ||||
4 | 210 | |||||
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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