a-2. If the company applies the profitability index decision rule, which project should the firm accept? Project I Project II b-1. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Problem 5-12 Problems with Profitability Index Symon's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: a-1. If the required return is 12 percent, what is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) b-1. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2. If the company applies the NPV decision rule, which project should it take? Project II Project 1