Chapter 20 1 Saved Help Save & Exit Submit Check my work Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 4% return from its investments. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Project X1 Project X2 Initial investment $ (110, 000) $ (180, 000) Net cash flows in: Year 1 40 , 000 82 , 500 Year 2 50 , 500 72, 500 Year 3 75, 500 62 , 500 a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Required A Required B Required C