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17 5 points Information on three investment projects is given below: Project A Initial Investment $100,000 $ 50,000 $ 65,000 Net present value $70,000 $80,000

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17 5 points Information on three investment projects is given below: Project A Initial Investment $100,000 $ 50,000 $ 65,000 Net present value $70,000 $80,000 $50,000 B Using the project profitability index, rank the projects from most to least desirable B, C, A 3 C,A,B 4 A,C,B B,A,C 5 Previous -6 17 18

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