The Sloan Corporation is trying to choose between the following two mutually exclusive

design projects:

$0\mathrm{.}1$ If the required return is $11$ percent, what is the profitability index for both projects?

$($Do not round Intermedlate colculations. Round your answers to $3$ declmal places,

e$.$g$.,32\mathrm{.}161.)$

Project II

$0\mathrm{.}2$If the company applies the profitability index decision rule, which project should the

firm accept?

Project I

Project II

b$-1$ What is the NPV for both projects? $($A negotlve onswer should be Indlested by $0$

minus sign. Do not round Intermedlate calculetlons and round your answers to $2$

decimal ploces, e$.$g$.,32\mathrm{.}16.)$

b$-2|$f the company applies the NPV decision rule, which project should it take?

Project I

Project II