Tias Tamales, Inc. must choose among the following independent projects:

Project	Initial Cash Flow (CF0) (in millions)	NPV of ALL Cash Flows (CF0-CF) (in millions)
A	-3	1
B	-3	3
C	-4	4
D	-4	3
E	-6	5
F	-8	5
G	-9	6

1. What is the profitability index of project A? Round to two decimals.

2. What is the profitability index of project D? Round to two decimals.

3. Tias Tamales, Inc. has $17 million to invest. According to the profitability index, should Tias Tamales pursue project A?

4. Tias Tamales, Inc. has $17 million to invest. According to the profitability index, should Tias Tamales pursue project D?