Question: Suppose a project requires an additional $3 million to complete. Moreover, suppose that you have computed the net present value of the project to be

Suppose a project requires an additional $3 million to complete. Moreover, suppose that you have computed the net present value of the project to be $6 million. In the coming quarter, you expect to spend $1 million (out of the total $3 million cost). The bang-for-buck index of this project is

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