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2. Problems with Profitability Index The Matterhorn Corporation is trying to choose between the following two mutually exclusive design projects: a. If the required return

image text in transcribed 2. Problems with Profitability Index The Matterhorn Corporation is trying to choose between the following two mutually exclusive design projects: a. If the required return is 11 percent and the company applies the profitability index decision rule, which project should the firm accept? b. If the company applies the NPV decision rule, which project should it take? c. Explain why your answers in parts (a) and (b) are different. After working this question please enter the PI for the best project

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