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Kingbird Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $ 100000 $ 140000 $ 180000 Present

Kingbird Inc. is comparing several alternative capital budgeting projects as shown below:


                      Projects                     
       A            B             C      
Initial investment$100000    $140000    $180000    
Present value of net cash flows110000    130000    220000    

Using the profitability index, the projects rank as


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