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4. For a normal project, the profitability index is calculated as: a. NPV/Absolute value of the initial Investment b. IRR/Hurdle Rate c. NPV/Hurdle Rate d.

4. For a normal project, the profitability index is calculated as: a. NPV/Absolute value of the initial Investment b. IRR/Hurdle Rate c. NPV/Hurdle Rate d. Payback Period/Absolute value of the initial Investment e. None of the above

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