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The NPV of a project calculated using a 12% rate of return is $389,700. The investment is constrained by its cost, where the cost is

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The NPV of a project calculated using a 12% rate of return is $389,700. The investment is constrained by its cost, where the cost is $338,900. What is the profitability index of this project? 1.22 1.15 1.42 1.35

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