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If a company has computed the project profitability index of an investment project as 0.15, then: the project's internal rate of return is equal to
If a company has computed the project profitability index of an investment project as 0.15, then:
the project's internal rate of return is equal to the discount rate. | |
the project's internal rate of return is less than the discount rate. | |
the project's internal rate of return is greater than the discount rate. | |
the relation between the rate of return and the discount rate is impossible to determine from the given data. |
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