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Present value index Tasty Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as

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Present value index
Tasty Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows:
\table[[,Des Moines Cedar Rapids],[Total present value of net cash flow,$194,480
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