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The Sloan Corporation is trying to choose between the following two mutually exclusive design projects: A . If the required return is 1 2 percent,

The Sloan Corporation is trying to choose between the following two mutually exclusive design projects:
A. If the required return is 12 percent, what is the profitability index for Project 1?(Do not round intermediate calculations. Round your answers to 3 decimal places, e.g.,32.161.)
B. 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.)
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