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4 Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $490,000 and has a present value of cash flows of

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4 Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $490,000 and has a present value of cash flows of $2,100,000. Project 2 requires an initlal Investment of $5 million and has a present value of cash flows of $7 milion. .Compute the profitability index for each project Choose Choose Numerator Profitabl ity index Project Project 2 Print 2. Based on the profitability index, which project should the company prefer? Project Project 2

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