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PLEASE HELP! b-1 project I Project II NEED TO BE ANSWERED The Michner Corporation is trying to choose between the following two mutually exclusive design

PLEASE HELP!
b-1 project I
Project II
NEED TO BE ANSWERED image text in transcribed
The Michner Corporation is trying to choose between the following two mutually exclusive design projects: a-1. If the required return is 13 percent, what is the profitability index for each project? Note: Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161. a-2. If the company applies the profitability index decision rule, which project should it take? b-1. If the required return is 13 percent, what is the NPV for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b-2. If the company applies the net present value decision rule, which project should it take

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