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MEC for a capital good was found out to be 10% and the market rate of interest is 9%,then the investment is

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Question:

MEC for a capital good was found out to be 10% and the market rate of interest is 9%,then the investment is

A.

not profitable

B.

profitable

C.

breakeven

D.

cannot say

Answer» b. profitable

Note: The above multiple-choice question is for all general and Competitive Exams in India.