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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

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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 $731,700 $637,800 $765,300 340,000 295,000 330,000 $391,700 $342,800 $435,300 2.15 2.16 2.32 In what order should Carmen prioritize investment in the projects? Multiple Choice B, C, A , , C.A.B B.A.C

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