NTER VERSION Bill Zimmerman is evaluating two new business opportunities. Each of the opportunities shown below has a ten-year life. Bill uses a 11% discount rate. Option 2 $82,690 Option 1 Equipment purchase and installation Annual cash flow Equipment overhaul in year 3 Equipment overhaul in year 5 $71,900 $29,000 $31,290 $4,620 $6,070 Calculate the net present value of the two opportunities. (Round present value factor calculations to d decimal places, e.g. 1.2514 and the final answers to 0 decimal places, e.g. 59,991.) Option 1 Option 2 Net present value s INK TO TEXT K TO VIDEO VIDEOI SIMILAR Calculate the profitability Index of the two opportunities. (Round answers to 2 decimal places,e.g. 15.25) Option 1 Option 2 Profitability Index