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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.