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Following is information on two alternative investment projects being considered by Tiger Company. The company requires an 8% return from its investments. (PV of

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Following is information on two alternative investment projects being considered by Tiger Company. The company requires an 8% return from its investments. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Project Xt $ (128,000) Project X $ (216,000) Net cash flows in: Year 1 49,000 96,000 Year 2 59,500 86,000 Year 3 84,500 76,000 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.

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