If a Project Has a Profitability Index of 1

question 87

Multiple Choice

If a project has a profitability index of 1.20, then the project's internal rate of return is

• A) equal to the discount rate.
• B) less than the discount rate.
• C) greater than the discount rate.
• D) equal to 20%.

---

Definitions:

William Buckley

can refer to a historical figure or individuals in various fields; without additional context, he is most famously known as an American conservative author and commentator.

Young Americans For Freedom

A conservative youth organization in the United States that advocates for free market principles, limited government, and individual liberties.

Landslide Defeat

A term used in politics and other competitions to describe an overwhelming victory for one side and a massive loss for the other, often unexpected and by a large margin.

Inaugural Address

A ceremonial speech given by a newly inaugurated or sworn-in head of state, often outlining the leader's intended policies and objectives.