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A firm is considering the following two projects: ly Pink Initial investment PV of cash inflows Project #1 $160,000 $208,000 Project #2 $480,000 $528,000 ors

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A firm is considering the following two projects: ly Pink Initial investment PV of cash inflows Project #1 $160,000 $208,000 Project #2 $480,000 $528,000 ors sa Which of the following statements is true when comparing each of these projects? They both have the same profitability index. Project #2 has a higher net present value. They both have an unacceptable profitability index. Project #1 has a higher profitability index. th core Minh

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