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A project requires an investment of $800 and has a net present value of $400. If the internal rate of return is 13%, what is

A project requires an investment of $800 and has a net present value of $400. If the internal rate of return is 13%, what is the profitability index for the project? Note: Round your answer to 2 decimal places. Multiple Choice
2.73
0.70
0.13
1.50
image text in transcribed
A project requires an investment of $800 and has a net present value of $400. If the internol rate of return is 13%. what is the profitability index for the project? Note: Round your answer to 2 decimal places. Mutiple choke 273 070 013 150 A project requires an investment of $800 and has a net present value of $400. If the internol rate of return is 13%. what is the profitability index for the project? Note: Round your answer to 2 decimal places. Mutiple choke 273 070 013 150

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