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The Michner Corporation is trying to choose between the following two mutually exclusive design projects: a - 1 . If the required return is 1
The Michner Corporation is trying to choose between the following two mutually exclusive design projects:
a If the required return is percent, what is the profitability index for each project?
Note: Do not round intermediate calculations and round your answers to decimal places, eg
a If the company applies the profitability index decision rule, which project should it take?
b If the required return is percent, what is the NPV for each project?
Note: Do not round intermediate calculations and round your answers to decimal places, eg
b If the company applies the net present value decision rule, which project should it take?
b
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