Multiple Choice
If an investment has a(n) ___________ of 1.2 it can be said that the investment generates $1.20 in present value benefits for each dollar of invested costs.
A) Profitability index.
B) Net present value.
C) Internal rate of return.
D) Payback period.
E) Average accounting return.
Correct Answer:
Verified
Correct Answer:
Verified
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