Given the following information, which projects will you choose (in order of priority) based on the profitability index? Project A: PV of Cash Flows = $1,000,000; Cost of Project = $650,000 Project B: PV of Cash Flows = $600,000; Cost of Project = $450,000 Project C: PV of Cash Flows = $800,000; Cost of Project= $700,000

Group of answer choices

Project C, Project B, then Project A

Project A, Project B, then Project C

Project A, Project C, then Project B

Project B, Project A, then Project C

Project C, Project A, then Project B

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