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A project requires an investment of $1,300 and has a net present value of $400. If the Internal rate of retum is 8%, what is

A project requires an investment of $1,300 and has a net present value of $400. If the Internal rate of retum is 8%, what is the profitability Index for the project? (Round your answer to 2 decimal places.) Multiple Choice 0.00 2.54 0.5 11

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