Iron,Inc. ,which has a hurdle rate of 10%,is considering three different independent investment opportunities.Each project has a five-year life.The annual cash flows and initial investment for each of the projects are as follows: In what order should Iron prioritize investment in the projects?
A) A,C,B
B) B,C,A
C) A,B,C
D) B,A,C
Correct Answer:
Verified
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