Consider two mutually exclusive projects with the following three questions: End of year cash flows Year 0 Project X $100,000 Project Y $100,000 0 0 132,000 40,000 40,000 40,000 32. if the required rate of return for Project X is 10 percent, the profitability index of Project X is 1.0 A. less than B. greater than 33. If required rate of return for both projects is 10 percent, the decision should be to: A. accept Project X B. accept Project Y C. reject both projects 34. If the discount rate for both projects is 9 percent, the decision should be to: A. accept Project X B. accept Project Y C. reject both projects