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    Corporate Finance Study Set 11
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    Exam 6: Net Present Value and Other Investment Rules
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    An Investment's Average Net Income Divided by Its Average Book
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An Investment's Average Net Income Divided by Its Average Book

Question 108

Question 108

Multiple Choice

An investment's average net income divided by its average book value defines the average:


A) net present value.
B) internal rate of return.
C) accounting return.
D) profitability index.
E) payback period.

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