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Salt-Rock Company is considering the following three investment projects: Rank the projects according to the profitability index, from most profitable to least profitable: Hint: First

image text in transcribed Salt-Rock Company is considering the following three investment projects: Rank the projects according to the profitability index, from most profitable to least profitable: Hint: First calculate the NPV; (NPV = difference between cash inflow and cash outflow) F,E,DD,F,EF,D,EE,F,D

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