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If a company's required rate of return is 10%, and in using the profitability index method a project's index is greater than 1. this indicates

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If a company's required rate of return is 10%, and in using the profitability index method a project's index is greater than 1. this indicates that the project's rate of return is greater than 10% unacceptable for investment purposes. equal to 10% less than 10%

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