Question: Information on three investment projects is given below: Project Initial Investment Net present value A $120,000 $ 90,000 B $ 75,000 $ 97,500 C $

  1. Information on three investment projects is given below:

    Project

    Initial Investment

    Net present value

    A

    $120,000

    $ 90,000

    B

    $ 75,000

    $ 97,500

    C

    $ 90,000

    $ 75,000

    Using the project profitability index, rank the projects from most to least desirable:

    A B C

    B C A

    B A C

    A C B

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