Problemif a companys required rate of return is 9 and in, Ask an Expert

Accounting

Problem:

If a company's required rate of return is 9%, and in using the profitability index method, a project's index is greater than 1, this indicates that the project's rate of return is

Greater than 9%.
Less than 9%.
Unacceptable for investment purposes.
Equal to 9%.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165006

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