Question: An interior design studio is trying to choose between the following two mutually exclusive design projects: a-1 If the required return is 10 percent, what

An interior design studio is trying to choose between the following two mutually exclusive design projects: a-1 If the required return is 10 percent, what is the profitability index for both projects? (Round your answers to 3 decimal places. (e.g., 32.161)) a-2 If the company applies the profitability index decision rule, which project should the firm accept? Project 1 Project II b-1 What is the NPV for both projects? (Round your answers to 2 decimal places. (e.g., 32.16)) b-2 f the company applies the NPV decision rule, which project should it take? Project 1 Project
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