(Ignore income taxes in this problem.) Your Corporation is considering the following three investment projects: Projects Initial investment Apple Orange Grape $46,000 $65,000 $85,000 Present value of cash flows $49,850 $80,250 $102,500 Which of the choices below ranks the projects according to the profitability index, from most profitable to least profitable? Grape, Apple, Orange Orange, Grape, Apple Apple, Grape, Orange Grape, Orange, Apple Orange, Apple, Grape