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Project Boulder has a payback period of 2.4 years, NPV of $10,000, and a profitability index of 1.10. Project Flintstone has a payback period of

Project Boulder has a payback period of 2.4 years, NPV of $10,000, and a profitability index of 1.10. Project Flintstone has a payback period of 3.0 years, NPV of $10,000 and a profitability index of 1.05. If only one project can be executed, which project should be selected? Explain your reasoning

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