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Yokam Company is considering two alternative projects. Project 1 requires an initial investment of exist550,000 and has a present value of cash flows of exist1,

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Yokam Company is considering two alternative projects. Project 1 requires an initial investment of exist550,000 and has a present value of cash flows of exist1, 800,000. Project 2 requires an initial investment of exist4 million and has a present value of cash flows of S6 million. 1. Compute the profitability index for each project

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