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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Investment required $ 50,400 Project D $ 57,400 Project E

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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Investment required $ 50,400 Project D $ 57,400 Project E $ 119,000 Present value of cash inflows $ 55,944 $ 66,584 $ 129,710 Rank the projects according to the profitability index, from most profitable to least profitable. Multiple Choice E, C, D E, D, C D, C, E C, E, D

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