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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments (PV of $1,

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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments (PV of $1, EV of $1 PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 Project A $(178,325) Project B $(158,960) 52,000 33,000 44,000 54,000 89,295 66,000 90,400 68,000 72,000 20,000 a. For each alternative project compute the net present value. b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the net present value. Initial Investment Chart Values are Based on % Project A $ 178,325

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