Question: TB MC Qu. 16-32 (Static) Select the incorrect statement concerning... Select the incorrect statement concerning the present value index (PVI) Multiple Choice The PMI is

 TB MC Qu. 16-32 (Static) Select the incorrect statement concerning... Select

TB MC Qu. 16-32 (Static) Select the incorrect statement concerning... Select the incorrect statement concerning the present value index (PVI) Multiple Choice The PMI is computed by dividing the total present value of the cash inflows by the present value of the cash outflows The PVI should be used to evaluate two or more projects whose initial investments diffet The lower the PV1, the better A project whose PMI is positive will also have a positive net present value

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