Question 12 5 pts The management of Solar Corporation is considering the following three investment projects (Ignore income taxes): Project L Project M Project N Investment require $ 37,000 $ 55,000 $ 82.000 Present value of cash intlows $ 38,480 $ 62,150 $ 90,200 Net present value $ 1.480 $ 7.150 $ 8.200 Rank the projects according to the profitability index, from most profitable to least profitable. O MNL OLMN O N.ML O LNM Question 13 5 pts Tiger Inc. requires a 3 year payback on all capital budgeting decisions. They are considering an investment in a new piece of production equipment. It would cost