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A Project Is Expected to Last Ten Years with an Initial

Question 85

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A project is expected to last ten years with an initial cost of $10,000.00. Assuming the present value payback method produces a value of 7.25 years and there are no additional costs beyond the initial cost, the PI is ____.


A) less than 1.0
B) greater than 1.0
C) equal to 1.0
D) undetermined

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