What is the profitability index of a project that costs $10,000 and provides cash flows of $3700 in years 1 and 2 and $5700 in years 3 and 4? The discount rate is 10%.
Profitability Index is_____
The following are the cash flows of two projects:

Year Project A Project B
0 -$390 -$390
1 220 290
2 220 290
3 220 290
4 220
A. If the opportunity cost of capital is 12%, what is the profitability index for each project?
Project Profitability index
A ____
B ______