Question: The net present value for Proposals X and Y has been calculated on the basis of the data given below. Proposal X Proposal Y Amount

The net present value for Proposals X and Y has been calculated on the basis of the data given below.

Proposal X

Proposal Y

Amount to be invested

$145,000

$280,000

Total present value of net cash flow

172,000

320,000

Net present value

27,000

40,000

Determine the present value index for each proposal.

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