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A company requlres a 1 2 % return from its Investments, and is considering two alternatlve investment projects. The expected net cash flows from the

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A company requlres a 12% return from its Investments, and is considering two alternatlve investment projects. The expected net cash flows from the two projects along with present value factors follow.
Note: Use approprlate factor(s) from the tables provided. (PV of $1, IV of $1, PVA of $1, and FVA of $1)
Calculate the profitability index of each project.
\table[[Profitability Index],[,Numerator:,1,Denominator:,=,Profitability Index],[,,1,,=,Profitability index],[Project A,,,,,],[Project Z,,,,,]]
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