You and a coworker are analyzing two proposed capital investments with the following cash flows: Year Project A Project B 0 1 2 3 4 -$20,000 -$43,000 15,000 5,000 1,600 10,750 5,000 10,750 10,750 PI for Project A 30,100 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 calculat decimal places, e.g. 15.25 and final answer to 4 decimal places, e.g. 1.2527.)

You and a coworker are analyzing two proposed capital investments with the following cash flows: 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 calcula decimal places, e.g. 15.25 and final answer to 4 decimal places, e.g. 1.2527.) PI for Project A