2. (20 points) You are asked to choose between two mutually exclusive projects. The market rate of return is 14%. For both projects cash streams begin today (period zero) if you undertake them. For the first project the cash stream is (for years 0 through 3): -$750, $310, $430,$330 For the second project, cash stream is: -$2100, $1200, $760, $850 a) If these are independent projects and you do not have a budget constraint, which project(s) would you accept using Profitability Index criteria? b) If projects are mutually exclusive, which project would you pick if any, using the Profitability Index criteria