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Unformatted text preview: Amount to be invested Present value index of branch office: = Present value index of computer system: = Present value index of Internet billpay: = 3. Indicate which of the following statements are true (T) and which are false (F). a. The computer system upgrade has the largest present value index b. The branch office expansion has the largest net present value c. The computer system upgrade returns less present value per dollar invested than does the branch office expansion. d. Because the present value index for the Internet billpay is less than 1, it does not meet the minimum rate of return standard....
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This note was uploaded on 05/02/2011 for the course ACC 121 taught by Professor Thomas during the Spring '08 term at Baker MI.
 Spring '08
 THOMAS

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