Ch B Assignment 6 10 points eBook Print References Mc Graw The Michner Corporation is trying to choose between the following two mutually exclusive design projects: Year B 1 2 3 Cash Flow (1) -$80,000 a-1. Project I Project II b-1. Project 1 Project II b-2. 31,000 49,999 46,999 Cash Flow (11) -$ 38,000 0-1. If the required return is 14 percent, what is the profitability index for each project? Note: Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161. 6-2. If the company applies the profitability index decision rule, which project should it take? b-1. If the required return is 14 percent, what is the NPV for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b-2. If the company applies the net present value decision rule, which project should it take?

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The Michner Corporation is trying to choose between the following two mutually exclusive design projects: Q-1. If the required return is 14 percent, what is the profitability index for each project? Note: Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161. Q-2. If the company applies the profitability index decision rule, which project should it take? b1. If the required return is 14 percent, what is the NPV for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b-2. If the company applies the net present value decision rule, which project should it take