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Shenandoah Springs Company is considering two Investment opportunities whose cash flows are provided below: Year Investment A Investment B @ $(17,500) $(12,000) 1 5,900 5,900

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Shenandoah Springs Company is considering two Investment opportunities whose cash flows are provided below: Year Investment A Investment B @ $(17,500) $(12,000) 1 5,900 5,900 5,900 4,800 5,900 4,100 4,800 2,200 2 3 4 The company's hurdle rate is 12%. What is the present value index of investment B? (ev of S1 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.) Mumple Choice 0 102 100 112

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