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The management of Snowblower Corporation is considering the following three investment projects. Project Q Project R Projects Investment required $ 14,000 $ 48,000 $ 74,000

The management of Snowblower Corporation is considering the following three investment projects. Project Q Project R Projects Investment required $ 14,000 $ 48,000 $ 74,000 Present value of cash inflows $ 14,140 $ 54,720 $ 82,140 Required: Rank the investment projects using the project profitability index. Show your calculations and explain you

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