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What is the profitability index for the project

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Reference no: EM132462699

Problem - A project requires an investment of $1,400 and has a net present value of $400. If the internal rate of return is 8%, what is the profitability index for the project? (Round your answer to 2 decimal places.)

A. 2.52

B. 0.49

C. 0.08

D. 1.29

Reference no: EM132462699

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