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The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Investment required Present value of cash inflows Project Q Project

The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Investment required Present value of cash inflows Project Q Project R Project S $82,400 $90,064 $125,900 $145,084 $235,500 $258,175 The only cash outflows are the initial investments in the projects. Required: Rank the investment projects using the project profitability index. Rank 1 Rank 2 Rank 31image text in transcribed

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