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

The Simpson Corporation is trying to choose between the following two mutually exclusive design projects: Year WN-o Cash Flow (1) -$ 71,000 33,000 33,000 33,000 Cash Flow (11) -$ 17,300 9,350 9,350 9,350 a-1.If the required return for both projects is 12 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 2. the firm accept? b- What is the NPV for both projects? (A negative answer should be indicated by a 1. 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. a-1. Project profitability index Project Il profitability index a-2. Profitabiility index decision b-1. Project INPV Project II NPV b-2. NPV decision