A decision rule and associated methodology for converting the NPV statistic into a rate-based metric is referred to as _______________________.
A) NPV
B) Profitability Index
C) MIRR
D) Discounted Payback

Question

Quizplus · Accepted Answer

The Profitability Index (PI) is a decision rule and associated methodology for converting the NPV statistic into a rate-based metric.

A Decision Rule and Associated Methodology for Converting the NPV