(b) Suppose the company uses the NPV rule to rank these two projects. Compute the net present value for each project. Which project should be chosen if the discount rate is 12 percent?

(b) Suppose the company uses the NPV rule to rank these two projects. Compute the net present value for each project. Which project should be chosen if the discount rate is 12 percent? (b) Suppose the company uses the NPV rule to rank these two projects. Compute the net present value for each project. Which project should be chosen if the discount rate is 12 percent