you are asked to evaluate the following two projects for Boring corporation.Use a discount rate of 10 percent.

You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 10 percent. Use Appendix B. Project X (DVDS of the Weather Reports) ($14,000 Investment) Year Cash Flow 1 $7,000 2 5,000 3 6,000 4 5,600 Project Y (Slow-Motion Replays of Commercials) ($34,000 Investment) Year Cash Flow 1 $17,000 2 10,000 3 11,000 4 13,000 a. Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal blocar