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You must choose between two investments, X and Y. The profitability index (PI), net present value (NPV)and internal rate of return (IRR) of the two
You must choose between two investments, X and Y. The profitability index (PI), net present value (NPV)and internal rate of return (IRR) of the two investments are as follows: Which investment(s) should you choose, taking all the above criteria into consideration, if the cost of capital is equal to 12% per year? A. X B. Y C. Both X and Y D. Too little information to make a decision
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