A project with an initial investment of 70000 and a


A project with an initial investment of $70,000 and a profitability index of 1.239 also has an internal rate of return of 12%. The present value of net cash flows is

$70,000.

$78,400.

$86,730.

$56,497.

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Financial Accounting: A project with an initial investment of 70000 and a
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