Boxwood, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, and net present value for each of the projects are as follows:

	Project A			Project B			Project C
Present value of future cash flows	$	800,000		$	780,000		$	600,000
Initial investment		400,000			380,000			340,000
Net present value	$	400,000		$	400,000		$	260,000

In what order should Boxwood prioritize investment in the projects?

Multiple Choice

• A, C, B

• B, C, A

• A, B, C

• B, A, C