The following information is provided by Chelsa Building Systems: Project A Project B Project C Project D D AED Initial investment AED 438,000 AED 218,000 560,000 AED 516,000 AED PV of cash inflows AED 582,000 AED 388,000 800,000 AED 394,000 Payback period (years) 3.6 3.2 4.0 2.0 AED (AED NPV of project AED 144,000 AED 170,000 240,000 122,000) Calculate the profitability index for Project B. Round to duo decimal places. > Moving to another