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Information on three investment projects is given below: Project Initial Investment Net present value A $ 70,000 $100,000 B $ 80,000 $ 90,000 C $
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Information on three investment projects is given below:
Project
Initial Investment
Net present value
A
$ 70,000
$100,000
B
$ 80,000
$ 90,000
C
$ 50,000
$ 65,000
Using the project profitability index, rank the projects from most to least desirable:
C A B
A B C
A C B
B C A
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