Saved Help Save & Exit TB MC Qu. 11-87 (Algo) Ironwood, Inc., which has a hurdle rate... Ironwood, Inc., which has a hurdle rate of 12%, is considering three different independent investment opportunities. Each project has a seven-year life. The annual cash flows and initial investment for each of the projects are as follows: (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Do not round intermediate calculations. Round your final answer to the nearest hundred.) Project A Project B Project C Annual cash flows $163,443 Initial investment 336,000 $137,096 316,000 $113,195 246,000 In what order should Ironwood prioritize investment in the projects? Multiple Choice C.B. A A.B.C