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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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