Question: NEED CORRECT ANSWER PLEASE Anthony Walker is evaluating two new business opportunities. Each of the opportunities shown below has a 15-year life. Anthony uses a
NEED CORRECT ANSWER PLEASE

Anthony Walker is evaluating two new business opportunities. Each of the opportunities shown below has a 15-year life. Anthony uses a 12% discount rate. Option 1 Option 2 Equipment purchase and installation $70,300 $82,160 Annual cash flow $28,400 $30,400 Equipment overhaul in year 6 $4,920 Equipment overhaul in year 8 $6,340 Click here to view the factor table. (a) Calculate the net present value of the two opportunities. (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final answers to O decimal places, e.g. 59,991.) Option 1 Option 2 $ LA Net present value (b) Calculate the profitability index of the two opportunities. (Round answers to 2 decimal places, e.g. 15.25.) Option 1 Option 2 Profitability Index
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