📊 Financial Management
Q. Profitability Index, when applied to Divisible Projects, impliedly assumes that:
  • (A) Project cannot be taken in parts
  • (B) NPV is linearly proportionate to part of the project taken up
  • (C) NPV is additive in nature
  • (D) Both (b) and (c)
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✅ Correct Answer: (D) Both (b) and (c)

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