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use financial calculator to solve the problem 4. A company is trying to choose between the following two mutually exclusive design projects Year Cash Flow

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4. A company is trying to choose between the following two mutually exclusive design projects Year Cash Flow ICash Flow II $53,000S16,000 9,100 9,100 9,100 9,100 27,000 27,000 27,000 27,000 a. If the required return is 10 percent and the company applies the profitability index decision rule, which project should the firm accept? e the NPV decision nile ich projest sholdin take? c. Explain why your answers in (a) and (b) are different

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