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For the Capital Budgeting Decision Regarding the Acquisition of a New

Question 102

Multiple Choice

For the capital budgeting decision regarding the acquisition of a new piece of equipment the following is available: investment, $60,000; present value of net cash inflows, $40,000. What is the excess present value index?


A) 0.00
B) 0.67
C) 1.50
D) 3.00
E) 1.00

Correct Answer:

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