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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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