2. Determine a present value index for each proposal. If required, round your answers to...
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Accounting
2. Determine a present value index for each proposal. If required, round your answers to two decimal places. 3. The has the largest present value index. Although has the largest net present value, it returns less present value per dollar invested than does the as revealed by the present value indexes. The present value index for the is less than 1 , indicating that it does not meet the minimum rate of return standard
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