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Choudhury Corporation is considering the following three investment projects ( Ignore income taxes. ) : Investment required Present value of cash inflows The only cash

Choudhury Corporation is considering the following three investment projects

(

Ignore income taxes.

)

Investment required

Present value of cash inflows

The only cash outflows are the initial investments in the projects.

Required:

Rank the investment projects using the profitability index.

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