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In capital budgeting, what is the formula for the profitability Index: A. IRR WACC, result times 100 B. Present Value divided by Initial Investment times

In capital budgeting, what is the formula for the profitability Index:

A. IRR WACC, result times 100

B. Present Value divided by Initial Investment times 100

C. NPV divided by Initial Investment times 100

D. Initial Investment divided by Present Value times 100

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