The Matterhorn Corporation is trying to choose between the following two mutually exclusive design projects

The Matterhom Corporation is trying to choose between the following two mutually exclusive design projects YearCash Flow (l) Cash Flow (II) -$82,000 32,000 42,000 48,000 -$40,000 13.200 29,500 22.500 a. If the required return is 15 percent, what is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Project I Project II If the required retum is 15 percent and the company applies the profitability index decision rule, which project should the firm accept? (Click to select) b. If the required return is 15 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Net present value Project I Project II If the company applies the NPV decision rule, which project should it take? (Click to select)