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A project requires an initial investment of $80,000 and has a profitability index of 0.25. The discount rate is 15%. The net present value of

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A project requires an initial investment of $80,000 and has a profitability index of 0.25. The discount rate is 15%. The net present value of the project is closest to: Multiple Choice o $12,000 o $20,000 o $92,000 o ) $3,000

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