Question: please help! You are asked to evaluate the following two projects for the Norton corporation. Use a discount rate of 1 0 percent. Use A
please help!
You are asked to evaluate the following two projects for the Norton corporation. Use a discount rate of percent. Use pendix B for
an approximate answer but calculate your final answer using the formula and financial calculator methods.
a Calculate the profitability index for project
Note: Do not round intermediate calculations and round your answer to decimal places.
Profitability index
b Calculate the profitability index for project
Note: Do not round intermediate calculations and round your answer to decimal places.
Profitability index
c which project would you pick based on the profitability index?
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