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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

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,$308,700,$386,250
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