Norwood, Inc. is considering three different independent investment opportunities. The present value of future cash flows for each are as follows: Project A =$600,000, Project B = $550,000 & Project C = $500,000. The initial investment of each project is as follows: Project A =$320,000, Project B = $300,000 & Project C = $230,000.

Use the Profitability index to determine what order should Norwood prioritize investment in the projects?  

Group of answer choices

A, C, B

C, A, B

C, B, A

A, B, C