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Tamarisk Inc. is comparing several alternative capital budgeting projects as shown below: table [ [ , , Projects, ] , [ , A ,

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Tamarisk Inc. is comparing several alternative capital budgeting projects as shown below:
\table[[,,Projects,],[,A,C,],[Initial investment,A,B,C],[Present value of net cash flows,100000,120000,210000]]
Using the profitability index, the projects rank as
A,B,C.
C,B,A.
C, A, B.
A,C,B.
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