2 15 points BOAML Corp is trying to decide between two mutually exclusive projects. The cash flows for Project I and Project Il are listed below: Year 0 1 2 3 Project -$40,000 $21,000 $21,000 $21,000 Project II $15,000 $8,500 $8,500 $8,500 If the required rate of return is 10% and any reinvestment of cash flows would also be at this rate, calculate the following for each project: Project 1 Project II Payback Discounted Payback Net Present Value (NPV) Internal Rate of Return (IRR) Profitability Index (PI) Which project would YOU choose