If the NPV of a project is less than zero, then its profitability index is

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If the NPV of a project is less than zero, then its profitability index is

If the NPV of a project is less than zero, then its profitability index is

▸ equal to 1.

▸ equal to 0.

▸ greater than 1.

▸ less than 1.

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Corporate Finance

Edition: 5^th

Author: Booth

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