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17.What is the major advantage of using the present value index (PVI) instead of NPV or IRR for comparison of alternative investments? Select one: a.

17.What is the major advantage of using the present value index (PVI) instead of NPV or IRR for comparison of alternative investments? Select one: a. Analysts are more familiar with PVI b. PVI does a better job of measuring the time value of money. c. PVI accounts for the relative size of the initial investment d. None of the above

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