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33. The Jones Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project A Project B
33. The Jones Company has three potential projects from which to choose. Selected information on each of the three projects follows:
| Project A | Project B | Project C |
Investment required | $ 42,500 | $ 56,000 | $ 53,700 |
Present value of future cash flows | $ 45,700 | $ 75,400 | $ 70,200 |
Using the project profitability index, rank the projects from most profitable to least profitable.
Group of answer choices
B, C, A
C, B, A
A, B, C
B, A, C
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