2. The ABC corporation is considering two mutually exclusive design projects: Cash Flow_B Year Cash Flow A 0 -51,000 1 24,800 2 24,800 3 3 24,800 -14,400 7,800 7,800 7,800 a. If the required return is 10%, which project should the firm accept based on the profitability index b. If the company applies the NPV decision rule, which project should it take? c. If the company apply payback period rule, which project should it take? d. Explain why your answers in (a) and (b) are different