Help Se You are asked to evaluate the following two projects for Boring Corporation. Use...

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Help Se You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 10 percent. Use Appendix B 24 Pre (OVDs of the weather Reports) ($14,00 Investment) Cashow 3 $7,000 2 5, eee 3 4 5,600 Project T (Slow Motion Replays of resercials) (34.neo Investment) Year Cash Flow 1 $17,000 2 10,000 3 11,000 13,000 0146 20 6,000 a. Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) PI b. Calculate the profitability index for project Y. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) PI c. Using the NPV method combined with the Pl approach, which project would you select? Use a discount rate of 10 percent. O Project Y O Project X

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