ACC-650 TOPIC 6 Assignment Question 11 of 12 < > View Policies -/10 E Current Attempt in Progress Donald Martin is evaluating two new business opportunities. Each of the opportunities shown below has a 15-year life. Donald uses a 12% discount rate. Equipment purchase and installation Option 1 $71.100 Option 2 $82,150 Annual cash flow $28,100 $30,440 Equipment overhaul in year 6 $4,710 Equipment overhaul in year 8 $5,970 Click here to view the factor table (a) Calculate the net present value of the two opportunities. (Round present value factor calculations to 4 decimal places, eg. 1.2514 and the final answers to O decimal places, e.g. 59,991.) (b) (c) Option 1 $ Net present value eTextbook and Media Save for Later Option 2 $ Attempts: 0 of 3 used Submit Answer Calculate the profitability index of the two opportunities. (Round answers to 2 decimal places, e.g. 15.25.) Option 1 Profitability Index eTextbook and Media Save for Later Option 2 Attempts: 0 of 3 used Submit Answer