Carol, 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 $ $651,300$ $ $526,700$ $ $635,200$

Initial investment $290,000245,000280,000$

Net present value $ $361,300$ $ $281,700$ $ $355,200$

In what order should Carol prioritize investment in the projects?

Multiple Choice

A$,$ C$,$ B

C$,$ A$,$ B

A$,$ B$,$ C

C$,$ B$,$ A