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A Project with an Initial Investment of $70,000 and a Profitability

Question 134

Multiple Choice

A project with an initial investment of $70,000 and a profitability index of 1.239 also has an internal rate of return of 12%. The present value of net cash flows is


A) $78,400.
B) $86,730.
C) $56,497.
D) $70,000.

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