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A profitability index greater than 1 indicates that: A.the project's net present value is likely...

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A profitability index greater than 1 indicates that: A.the project's net present value is likely to be negative B.the value of the initial outlay is greater than the project's net cash flows C.the present value of net cash flows is greater than its initial outlay. D.the internal rate of return is likely to be less than the required rate of return.8

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