The Simpson Corporation is trying to choose between the following two mutually exclusive design projects: Year 0 1 2 3 Cash Flow (1) Cash Flow (II) -$73,000 -$ 17,100 33,000 9,250 33,000 9,250 33,000 9,250 a-1. If the required return for both projects is 11 percent, what is the profitability index for both projects? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) a- If the company applies the profitability index decision rule, which project should the 2. firm accept? b-1. What is the NPV for both projects? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b- If the company applies the NPV decision rule, which project should it choose? 2. Project 11 a-1. Project I profitability index Project Il profitability index a-2. Profitability index decision b-1. Project INPV Project II NPV b-2. NPV decision $ 5,504.30 Project