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CPB International evaluates capital projects using the net present value, internal rate of return, profitability index, and payback methods. A project has an IRR of

CPB International evaluates capital projects using the net present value, internal rate of return, profitability index, and payback methods. A project has an IRR of 11.0% and an initial cash outflow of $735,650. For capital projects management requires a rate of return of 11.0%. What is the project's profit ability index? Group of answer choices 1.15, 1.0, 1.55, 0.9

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