Your company has $15,000 to invest. You find two investments. Investment 1 requires an investment of $10,000
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Your company has $15,000 to invest. You find two investments. Investment 1 requires an investment of $10,000 and has a profitability index of 1.5. Investment 2 requires an investment of 14,000 and has a profitability index of 1.3. Which project should you invest in? (a) Investment 1 (b) Investment 2
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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