Multiple Choice
Villena Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $52,800. The profitability index of the project is closest to:
A) 0.90
B) 0.10
C) 1.10
D) 0.09
Correct Answer:
Verified
Correct Answer:
Verified
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