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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project E Investment required $ 82,800 $ 94,300 $

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

Project C Project D Project E
Investment required $ 82,800 $ 94,300 $ 195,500
Present value of cash inflows $ 91,908 $ 109,388 $ 213,095

Rank the projects according to the profitability index, from most profitable to least profitable.

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