Question: D Question 3 SoBee is considering two mutually exclusive capital budgeting projects, Project A and Project which have a cost of capital of 12%. The

D Question 3 SoBee is considering two mutually exclusive capital budgeting projects, Project A and Project which have a cost of capital of 12%. The expected future cash flows are given below. 0 1 CF Project A -130 60 50 40 CF Project B -130 30 35 35 If you are choosing on the basis of Pl (profitability index), what is the Pl of the better project? (Express your answer as a number accurate to four decimal places.)

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