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Siemens is considering a project which requires a net investment of $120,000. Siemen's cost of capital of 10%, the project's profitability index is 1.22. Determine
Siemens is considering a project which requires a net investment of $120,000. Siemen's cost of capital of 10%, the project's profitability index is 1.22. Determine the net present value of the project.
$15,000
$215,000
$115,000
$26,400
none of the above
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