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The management of Winstead Corporation is considering the following three investment projects ( Ignore income taxes. ) : Project QProject RProject SInvestment required$ 7 1

The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Project QProject RProject SInvestment required$ 71,600$ 113,600$ 210,000Present value of cash inflows$ 78,076$ 130,816$ 230,380 The only cash outflows are the initial investments in the projects. Required:Rank the investment projects using the project profitability index.

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