Question: If a project costing $ 7 4 0 0 0 has a profitability index of 1 . 0 0 and the discount rate was 1

If a project costing $74000 has a profitability index of 1.00 and the discount rate was 12%, then
the present value of the net cash flows was
$74000.
greater than $74000.
less than $74000.
undeterminable.

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