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A Project Requires an Initial Investment of $70,000 and Has

Question 114

Multiple Choice

A project requires an initial investment of $70,000 and has a project profitability index of 0.932. The present value of the future cash inflows from this investment is:


A) $70,000
B) $36,231
C) $135,240
D) Cannot be determined from the data provideD.Project profitability index = Net present value of the project ÷ Investment required

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