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The Management of Cantell Corporation Is Considering a Project That

Question 25

Multiple Choice

The management of Cantell Corporation is considering a project that would require an initial investment of $47,000. No other cash outflows would be required. The present value of the cash inflows would be $55,930. The profitability index of the project is closest to:


A) 1.19
B) 0.81
C) 0.19
D) 0.16

Correct Answer:

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