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20. A project requires an investment of $1,200 and has a net present value of $300. If the IRR is 13%, what is the profitability

20. A project requires an investment of $1,200 and has a net present value of $300. If the IRR is 13%, what is the profitability index for the project? (Round your answer to 2 decimal places.) 1.25 0.13 0.45 2.48

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