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Sanjay wants to open a taco cart in Austin. He calculates that for every $1 he must invest today, the investment will return $1.50 in

Sanjay wants to open a taco cart in Austin. He calculates that for every $1 he must invest today, the investment will return $1.50 in present value terms.This ratio is called the:

A) average accounting return

B) Internal rate of return

C) Net rate of return

D) Profitability index

E) Net present value

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