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If a company's required rate of return is 10%, and in using the profitability index method, a project's index is greater than 1, this indicates

If a company's required rate of return is 10%, and in using the profitability index method, a project's index is greater than 1, this indicates that the project's rate of return is greater than 10%. unacceptable for investment purposes. equal to 10%. less than 10%

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