MC Qu. 34 Mountain Brook Company is considering two in... Mountain Brook Company is considering...
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MC Qu. 34 Mountain Brook Company is considering two in... Mountain Brook Company is considering two investment opportunities whose cash flows are provided below: Year Investment A Investment B 0 ($17,250) ($11,700) 1 5,810 5,810 2 5,810 4,720 3 5,810 3,990 4 4,720 2,080 The company's hurdle rate is 8%. What is the present value index of Investment B? (Do not round your PV factors and intermediate calculations. Round your answer to 2 decimal places.) a-0.83 b-1.42 c-1.21 d-None of these answers are correct. References Multiple ChoiceMC Qu. 34 Mountain Brook Company is considering two in...
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