QUESTION 1 The bench mark for the Profitability Index, PI, that is, you accept a project when Plis manager's maximum number of years zero or anything larger than zero zero or anything less than zero cost of capital 10 10 4 48 49 50 0 39 40 32.12%, accept QUESTION 44 As the director of capital budgeting for ABC Corporation, you are evaluating two mutually exclusive projects with the following net cash flows: Year 0 1 Proiect A -$100,000 50,000 40,000 30,000 10,000 Project B - $100,000 10,000 30,000 40,000 60,000 4 If ABC's cost of capital is 15 percent, which project would you choose? Neither project. Project X, since it has the higher IRR. Project Z, since it has the higher IRR. Project X, since it has the higher NPV. Save All Answ Click Save and Submit to save and submit. Click Save All Answers to save all answers