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Use the Information for the Question(s)below

Question 58

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company is planning on investing in a new project.This will involve the purchase of some new machinery costing $450,000.The Sisyphean Company expects cash inflows from this project as detailed below: Use the information for the question(s) below. The Sisyphean Company is planning on investing in a new project.This will involve the purchase of some new machinery costing $450,000.The Sisyphean Company expects cash inflows from this project as detailed below: The appropriate discount rate for this project is 16%. -The profitability index for this project is closest to: A) .44. B) .26. C) 0.39. D) .34. The appropriate discount rate for this project is 16%.
-The profitability index for this project is closest to:


A) .44.
B) .26.
C) 0.39.
D) .34.

Correct Answer:

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