Consider the following two mutually exclusive projects:

Year	Cash Flow (A)		Cash Flow (B)
0	$	350,000			$	50,000
1		45,000				24,000
2		65,000				22,000
3		65,000				19,500
4		440,000				14,600

Whichever project you choose, if any, you require a 15% return on your investment. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.)

Parkallen Inc. has identified the following two mutually exclusive projects:

Year	Cash Flow (A)		Cash Flow (B)
0	$	29,000			$	29,000
1		14,400				4,300
2		12,300				9,800
3		9,200				15,200
4		5,100				16,800

. At what discount rate would the company be indifferent between these two projects? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Discount rate %