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The Bobb Computer Corporation is trying to choose between the following two mutually exclusive design projects: If the required return is 8 percent and Bobb

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The Bobb Computer Corporation is trying to choose between the following two mutually exclusive design projects: If the required return is 8 percent and Bobb Computer applies the profitability index decision rule, which project should the firm accept? If the company applies the NPV decision rule, which project should it take? Explain why your answers in (a) and (b) are different

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