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: Des Moines Cedar Rapids Total present value of net cash flow Amount to be invested Net present value $712,500 a. Determine the present value index for each proposal. Round your answers for the present value index to two decimal places. b. Which location does your analysis support? , because the net present value index is 1