Question: This is not an entire assignment it is only one question, Please help with this question it is giving me a fit. You are asked

This is not an entire assignment it is only one question, Please help with this question it is giving me a fit.

You are asked to evaluate the following two projects for the Norton corporation. Use a discount rate of '13 percent. Use Appendix B for an approximate answer but calculate your nal answer using the formula and nancial calculator methods. Project X (Videotapes Project Y (Slow-Motion ofthe Weather Report) Replays of Commercials) ($44,000lnvoa'h1'ient) {$64,030 Investment) Year Cash Flow Year Cash Flow 1 $ 22,000 1 $ 32.000 2 20,000 2 25.000 3 21,000 3 26.000 4 20,600 4 28.000 a. Calculate the profitability index for project X. (Do not round Intermediate calculations and round your answer to 2 decimal places.) Protability hdeix [ I h. Calculate the profitability index for project Y. (Do not round Intermediate calculations and round your answer to 2 decimal places.) Protability hdeix I I c. Which project would you select? 0 Project)( 0 ijthY
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