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If a company's required rate of return is 9%, 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 9%, 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
A) greater than 9%.
B) less than 9%.
C) unacceptable for investment purposes.
D) equal to 9%.
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