werdtotheblue1467 werdtotheblue1467

21-04-2024
Business

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What must be the profitability index of a project that has an initial investment of $60,000, annual cash inflows of $20,000 for 4 years, and an IRR of 12.6%?
a) 0.70
b) 1.15
c) 1.25
d) 2.05

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