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Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below: Year 0 Nm 1 2 Investment A $(18,000) 6,080 6,080 6,880
Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below: Year 0 Nm 1 2 Investment A $(18,000) 6,080 6,080 6,880 4,960 Investment B $(12,600) 6,080 4,960 4,320 2,440 3 4 The company's hurdle rate is 10% What is the present value index of Investment B? (PV of $1 and PVA of $1 (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to two decimal points.) Multiple Choice 107 Ten i Saved He your answer to two uccina pommes.) Multiple Choice 1.07 1.00 1.15 None of these answers are correct
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