A project has a Profitability Index of 1.30. What does it mean?
A.The NPV is less than zero B.The payback period is more than one year
C.That the project returns Rs 1.30 for every Re 1 invested in the project
D.That IRR is 1.30 times that of the Hurdle Rate
A.The NPV is less than zero B.The payback period is more than one year
C.That the project returns Rs 1.30 for every Re 1 invested in the project
D.That IRR is 1.30 times that of the Hurdle Rate