Exercise 24-10 (Algo) Net present value, unequal cash flows, and profitability index LO P3 Following is information on two alternative investment projects being considered by Tiger Company. The company requires a \7 return from its investments. (PV of \\( \\$ 1, \\underline{F V} \\) of \\( \\$ 1, \\underline{P V A} \\) of \\( \\$ 1 \\), and \\( \\underline{F V A} \\) of \\( \\$ 1 \\) ) (Use appropriate factor(s) from the tables provided.) a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Compute each project's net present value. (Round your final answers to the nearest dollar.) Exercise 24-10 (Algo) Net present value, unequal cash flows, and profitability index LO P3 Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 7\\% return from its investments. (PV of \\( \\$ 1, \\underline{F V} \\) of \\( \\$ 1, \\underline{P V A} \\) of \\( \\$ 1 \\), and \\( \\mathrm{FVA} \\) of \\( \\$ 1 \\) ) (Use appropriate factor(s) from the tables provided.) a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Compute each project's profitability index. Exercise 24-10 (Algo) Net present value, unequal cash flows, and profitability index LO P3 Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 7\\% return from its investments. (PV of \\( \\$ 1, F V \\) of \\( \\$ 1, P V A \\) of \\( \\$ 1 \\), and \\( F V A \\) of \\( \\$ 1 \\) ) (Use appropriate factor(s) from the tables provided.) a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. If the company can choose only one project, which should it choose on the basis of profitability index? Table B. \\( 4^{\\S} \\) Future Value of an Annuity of 1 \\( f=\\left[(1+i)^{n}-1\ ight] / i \\) 7.3359. \\( \\$ 4,000 \\) per year for 6 years accumulates to \\( \\$ 29,343.60(\\$ 4,000 \\times 7.3359) \\). Table B.3 Present Value of an Annuity of 1 \\( p=\\left[1-1 /(1+i)^{n}\ ight] / i \\) \\( 6.4177 . \\$ 2,000 \\) per year for 10 years is the equivalent of \\( \\$ 12,835 \\) today \\( (\\$ 2,000 \\times 6.4177) \\). Table B. \\( 2^{\\dagger} \\) Future Value of 1 \\( f=(1+i)^{n} \\) Table B.1* Present Value of 1 \\[ p=1 /(1+i)^{n} \\] Table B.1* Present Value of 1 \\( p=1 /(1+i)^{n} \\)