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Construct an investment opportunity ranking using the following information on four independent projects using IRR: Project CEO II $4 million $8 million $7 million $6

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Construct an investment opportunity ranking using the following information on four independent projects using IRR: Project CEO II $4 million $8 million $7 million $6 million Annual CF $1.1 million $2.8 million $2.1 million $2.0 million Project Life 5 years 4 years 5 years 4 years III IV O I, II, III, IV O II, III, IV, I O III, II, IV, I O IV

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