2. Determine a present value index for each proposal. If required, round your answers to two decimal places. 3. Th has the largest present value index. Although has the largest net present value, it returns less present value per dollar invested than does the The present value index for the is less than 1 , indicating that it does not meet the minimum rate of return standard. Feedback Check My Work Divide the total present value of the net cash flow by the amount to be invested. 3. What does the present value index indicate about the net present value? 2. Determine a present value index for each proposal. If required, round your answers to two decimal places