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project requires an investment of $1,400 and has a net present value of $400. If the IRR is 12%, what is the profitability Index for

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project requires an investment of $1,400 and has a net present value of $400. If the IRR is 12%, what is the profitability Index for the project? (Round your answer to 2 decimal places.) 0.12 O 0.49 2.52 1.29

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