Question: Cooney Co . is evaluating the following mutually exclusive projects. The manager has determined that the appropriate discount rate is 6 . 2 0 %

Cooney Co. is evaluating the following mutually exclusive projects. The manager has determined that the appropriate discount rate is 6.20% for all the recommended projects. Rank order the projects based on the net present value. Rank order the projects based on the profitability index. Rank order the projects based on the internal rate of return.
Year Project A Project B Project C
0(35,000)(65,000)(86,000)
1-40,00044,000
2-22,00044,000
355,00022,00035,000

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