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Which of the following statements is/are true? 1. The profitability index is defined to be the NPV/Resource Consumed II. The internal rate of retum is

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Which of the following statements is/are true? 1. The profitability index is defined to be the NPV/Resource Consumed II. The internal rate of retum is the interest rate that makes the present value of the benefits equal to the present value of the costs. O A. I only OB. Il only C. Both I and

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