Question: Information on three investment projects is given below: Project Initial Investment Net present value A $ 70,000 $100,000 B $ 80,000 $ 90,000 C $

  1. Information on three investment projects is given below:

    Project

    Initial Investment

    Net present value

    A

    $ 70,000

    $100,000

    B

    $ 80,000

    $ 90,000

    C

    $ 50,000

    $ 65,000

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

    C A B

    A B C

    A C B

    B C A

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