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Cowboy Ice Cream Company has a choice of two investment alternatives. The present value of cash inflows and outflows for the first alternative is 5140000

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Cowboy Ice Cream Company has a choice of two investment alternatives. The present value of cash inflows and outflows for the first alternative is 5140000 and $106.000, respectively. The present value of cash inflows and outflows for the second alterative is $315,000 and $270,000, respectively Required a. Calculate the net present value of each investment opportunity. (Negative amounts should be indicated by a minus sign.) b. Calculate the present value index for each investment opportunity (Round "PVI" to 2 decimal places.) c. Indicate which investment will produce the higher rate of return Alternative 1 (NPV) Alternative 2 NPV) Alternative 1 (PVI) Alternative 2 (PVI) cThe investment that will produce the higher rate of return is

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