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A project requires an investment of $1,500 and has a net present value of $400. If the internal rate of return is 8%, what is

A project requires an investment of $1,500 and has a net present value of $400. If the internal rate of return is 8%, what is the profitability index for the project? (Round your answer to 2 decimal places.) Multiple Choice 2.50 0.47 127 0.00

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