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A Project Requires a Net Investment of $100,000

Question 22

Multiple Choice

A project requires a net investment of $100,000.At the firm's cost of capital of 10%, the project's profitability index is 1.15.Determine the net present value of the project.


A) $15,000
B) $215,000
C) $115,000
D) none of these/cannot be determined

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