Multiple Choice
A project requires a net investment of $450,000.It has a profitability index of 1.25 based on the firm's 12 percent cost of capital.Determine the net present value of the project.
A) $112,500
B) $562,500
C) $1,012,500
D) $140,625
Correct Answer:

Verified
Correct Answer:
Verified
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