Hello,

I need help answering this question below.

value: 0.50 points Problem 7-10 Calculating Profitability Index Suppose the following two independent investment opportunities are available to Scott, Inc. The appropriate discount rate is 10 percent Year Project Alpha Project Beta $5,900 3,000 2,900 1,800 $7,500 1,700 5,900 4,700 2 Compute the profitability index for each of the two projects. (Do not round intermediate calculations Round your answers to 3 decimal places (e.g., 32.161).) Profitability Index Project Alpha Project Beta Which project(s) should the company accept based on the profitability index rule? Project Beta Neither project Both projects Project Alpha