The projects en the following two mutualy oose $65,000 24,000 29,000 36,000 $24,000 8,000 14,500 12,800 (a) If the required return is 11 percent, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g 32.161).) Project (b) If the required return is 11 percent and the company applies the profitability index decision rule, which project should the firm accept? Click to select) Requirement 2 (a) If the required return is 11 percent, what is the NPV for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Project I Project II (b) If the company applies the NPV decision rule, whi Click to select)