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 $
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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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