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An investment with a $300,000 initial investment has a NPV of $520,000 and payback period of 4 years. If the discount rate is 12%, what
An investment with a $300,000 initial investment has a NPV of $520,000 and payback period of 4 years. If the discount rate is 12%, what is the profitability index?
a.
1.4
b.
1.1
c.
1.7
d.
None of the above
e.
1.9
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