(CHAPTER 9) Your company has extra cash which it would like to use to invest into something new and profitable. There are two mutually exclusive projects under consideration. Project #1 will require an initial investment of $820, and the present value of all of its future estimated profits is $920. Project #2 will require an initial investment of $1,120, and the present value of all of its future estimated profits is $1.230. Based on this information, answer the following questions. DETALLES (a) For Project #1, the Profitability Index equals Round to TWO decimal places, for example, 1.23 Round to TWO decimal places, for example, 1.23 (b) For Project #2, the Profitability Index equals (type accept or reject) Project #1 and (c) Based on the Profitability Indexes, your company should (type accept or reject) Project #2