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Corporation is considering the following three investment projects (Ignore income taxes.): Project A Project B Project C Investment required $14,000 $48,000 $74,000 Present value of

Corporation is considering the following three investment projects (Ignore income taxes.):

Project A Project B Project C
Investment required $14,000 $48,000 $74,000
Present value of cash inflows $14,140 $54,720 $82,140

The only cash outflows are the initial investments in the projects. Rank the investment projects using the project profitability index (from most profitable to least profitable)?

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