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Which of the following statement is NOT true about the Present Value Index? Select one: A. The Present Value Index is the present value of

Which of the following statement is NOT true about the Present Value Index? Select one: A. The Present Value Index is the present value of the net cash flow divided by the amount to be invested. B. When the net present value is positive, the present value index is greater than 1. C. The present value index is irrelevant when comparing a proposal with different investments. D. When the net present value is negative, the present value index is less than 1

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