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A project requires an investment of $900 and has a net present value of $400. If the internal rate of return is 13%, what is

A project requires an investment of $900 and has a net present value of $400. If the internal rate of return is 13%, what is the profitability index for the project? (Round your answer to 2 decimal places.)

Multiple Choice

2.67

0.64

0.13

1.44

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