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Consider a project with an NPV of $120,000 has a PI of 1.05. What is the initial investment? Group of answer choices None of the

Consider a project with an NPV of $120,000 has a PI of 1.05. What is the initial investment?

Group of answer choices

None of the other answers is correct

$600,000

$2,400,000

There is not enough information to answer this question

$1,200,000

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