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The net present value has been computed for Proposals P and Q. Relevant data are as follows: Proposal P Proposal Q Amount to be invested

The net present value has been computed for Proposals P and Q. Relevant data are as follows: Proposal P Proposal Q Amount to be invested $245,000 $460,000 Total present value of net cash flow 296,500 425,000 Determine the present value index for each proposal. Round your answers to two decimal places. E 3 Proposal P Proposal

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