Question
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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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
