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Iron, Inc., which has a hurdle rate of 10%, is considering three different independent investment opportunities. Each project has a five-year life. The annual cash

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Iron, Inc., which has a hurdle rate of 10%, is considering three different independent investment opportunities. Each project has a five-year life. The annual cash flows and initial Investment for each of the projects are as follows: (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Do not round Intermediate calculations. Round your final answer to the nearest hundred.) Project A Project B Project C Annual cash flows $120, 291 $ 56,645 $114,910 Initial investment 190,000 109,000 180,000 In what order should Iron prioritize investment in the projects? Multiple Choice , , , ACB C.BA

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