The management of Winsteed Corporation is considering the following three investment projects (gnore income taxes)...
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The management of Winsteed Corporation is considering the following three investment projects (gnore income taxes) Project 0 Project R Project s $86,000 $130,000 $244, 000 Investment required Present value of cash inflows $94,060 $149,840 $267,440 The only cash outlows are the initial investments in the pr Required: Rank the investment projects using the project profitability index Rank 1 Rank 2 Rank 3
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