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Year Project A Project B 0 -$22,000 - $40,000 1 17,000 10,000 2 5,500 10,000 3 5,500 10,000 4 1,800 28,000 The cost of

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Year Project A Project B 0 -$22,000 - $40,000 1 17,000 10,000 2 5,500 10,000 3 5,500 10,000 4 1,800 28,000 The cost of capital for both projects is 10 percent. Calculate the profitability index (PI) for each project. (Do not round discount factors. Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answer to 4 decimal places, e.g. 1.2527.) PI for Project A PI for Project B

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