You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 11 percent Use Appendix B. a. Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) PI b. Calculate the profitability index for project Y. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) PI c. Using the NPV method combined with the Pl approach. which project would you select? Use a discount rate of 11 percent. Project Y Project X