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Carmen, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability index

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Carmen, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability index for each of the projects are as follows: Present value of future cash flows Initial investment Net present value Profitability index Project A Project B Project C $450,100 $313,100 $405,000 200,000 155,000 190,000 $250,100 $158,100 $215,000 2.25 2.02 2.13 In what order should Carmen prioritize investment in the projects? Multiple Choice C, B, A A, B, C .. . .

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