Suppose you are a financial manager for the Shah Corporation and trying to decide between the following two

mutually exclusive projects:

Project I $(3$ Points$)$

Project II $(3$ Points$)$

The firm is facing capital rationing challenges. Given the current economic situation, the minimum required rate of

return for both projects is $6\mathrm{.}57\%.$ Based on the given information, which project should you accept and why? Please

show all the calculations by which you came up with the final answer. $(6$ Points$)\_$DO NOT USE EXCEL SHOW ALL

CALCULATIONSSuppose you are a financial manager for the Shah Corporation and trying to decide between the following two mutually exclusive projects:

Project I $(3$ Points$)$

Year $012345678910$

CF $-3,005,000650,000-233,000899,000586,000898,000-23,000869,000-955,000898,000996,000$

Project II $(3$ Points$)$

Year $012345678910$

CF $-3,005,000988,000598,000-29,000568,000412,000-298,000-156,000855,000876,000501,000$

The firm is facing capital rationing challenges. Given the current economic situation, the minimum required rate of return for both projects is $6\mathrm{.}57\%.$ Based on the given information, which project should you accept and why? Please show all the calculations by which you came up with the final answer. $(6$ Points$)$