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Norwood, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability index for

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Norwood, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability index for each of the projects are as follows: Present value of future cash flows Initial investment Net present value Profitability index Project A $1,680,000 710,000 $ 970,000 2.37 Project B $1,470,000 720,000 $ 750,000 2.04 Project C $1,450,000 680,000 $ 770,000 2.13 In what order should Norwood prioritize investment in the projects? Multiple Choice C.AB CBA ACB A,B,C 19

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