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 the above/cannot be determined
Correct Answer:

Verified
Correct Answer:
Verified
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