Question: Please I need the correct answer for this question Problem 8-6 Profitability Index (LO3) The following are the cash flows of two projects: Year Project

Please I need the correct answer for this question

Please I need the correct answer for this question Problem 8-6 Profitability

Problem 8-6 Profitability Index (LO3) The following are the cash flows of two projects: Year Project Project 0 5 (240) $(240) 1 120 140 2 120 140 2 120 140 120 If the opportunity cost of capital is 12%, what is the profitability Index for each project? (Do not round Intermediate calculations. Round your answers to 4 decimal places.) Answer is complete but not entirely correct. Project Profitability Index 1.5187 B 1.4011

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