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    Fundamentals of Corporate Finance Study Set 22
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    Exam 9: Net Present Value and Other Investment Criteria
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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 183

Question 183

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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