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Following is information on two alternative investments projects being considered by Tiger Company. The company requires a 15% return from its investments. InitialinvestmentNetcashflowsin:Year1Year2Year3Projectx1$(84,000)27,00037,50062,500Project2$(122,000)63,00053,00043,000 Comnite earh

Following is information on two alternative investments projects being considered by Tiger Company. The company requires a 15% return from its investments.image text in transcribedimage text in transcribedimage text in transcribed

InitialinvestmentNetcashflowsin:Year1Year2Year3Projectx1$(84,000)27,00037,50062,500Project2$(122,000)63,00053,00043,000 Comnite earh nroiert's net nrecent valie (Rnund volir ancwerc th Compute each project's profitability index. If the company can choose only one project, which should it choose on the profitability index

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