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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): ...

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Accounting

Eddie Corporation is considering the following three investment projects (Ignore income taxes.):

Project C Project D Project E
Investment required $ 86,400 $ 98,400 $ 204,000
Present value of cash inflows $ 95,904 $ 114,144 $ 222,360

Rank the projects according to the profitability index, from most profitable to least profitable.

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