C Not secure! tpx Problem 8-14 Problems with Profitability Index [LO 4, 6] The Matterhom Corporation is tying to choose between the tolowing two mutua ly exclusive design projects: Year Cash Flow (l) Cash Flow (II) 12,000 24.400 -386,000 -53,000 35,900 6,000 26.000 a. If the required return is 10 percent, what is the profitability index for each project?Do not round intermediate calculations and round your answers to 3 decimal places, e.g, 32.161) Project l Project Il If the required return is 10 percent and the company applies the profitability index decision rule, which project should the firm accept? Click to select) b. It the required return is 10 percent, what is the NPV tor each project? Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16) Nel preseril value Project I Project II the oompany applies the NPV decision rule, which p ect should it take? (Click to select) References eBook &Resources Worksheet Difficulty: 1 Basic Learning Objective: 08-08 Calculate the profitability index and understand its relation to net 11:32 PM O Type here to search