Fonics Corporation is considering the following three competing investment proposals: ......................................A..........B........C Initial Investment Required...$62,000...$74,000....$95,000 Net Present Value..............$10,000....$8,000....$12,000 Internal Rate of Return..........15%.........17%........18% Using the project profitability index, how would the above investments be ranked (highest to lowest)? A. A, B, C B. A, C, B C. C, B, A D. B, C, A