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QUESTION

The Gomez Company is considering two projects, T and V. The following information has been gathered on these projects:

Project V$75,000$107,00010 yearsBased on this information, which of the following statements is (are) true?Project T has the highest ranking according to the project profitability index criterion.Project V has the highest ranking according to the net present value criterion.(Points : 5) Only IOnly II Both I and II Neither I nor II
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