A Project with a Profitability Index of 1

question 133

Multiple Choice

A project with a profitability index of 1.156 also has net cash flows with a present value of $69,360. The project's internal rate of return was 10%. The initial investment was

• A) $66,000.
• B) $80,180.
• C) $60,000.
• D) $62,424.

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