Ironwood,Inc. ,which has a hurdle rate of 12%,is considering three different independent investment opportunities.Each project has a seven-year life.The annual cash flows and initial investment for each of the projects are as follows: (Future Value of $1,Present Value of $1,Future Value Annuity of $1,Present Value Annuity of $1. )(Use appropriate factor from the PV tables.Do not round intermediate calculations.Round your final answer to the nearest hundred. ) In what order should Ironwood prioritize investment in the projects?

Question

Ironwood,Inc. ,which has a hurdle rate of 12%,is considering three different independent investment opportunities.Each project has a seven-year life.The annual cash flows and initial investment for each of the projects are as follows: (Future Value of $1,Present Value of $1,Future Value Annuity of $1,Present Value Annuity of $1. )(Use appropriate factor from the PV tables.Do not round intermediate calculations.Round your final answer to the nearest hundred. )  In what order should Ironwood prioritize investment in the projects?

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The Answer of Ironwood,Inc. ,which has a hurdle rate of 12%,is considering three different independent investment opportunities.Each project has a seven-year life.The annual cash flows and initial investment for each of the projects are as follows: (Future Value of $1,Present Value of $1,Future Value Annuity of $1,Present Value Annuity of $1. )(Use appropriate factor from the PV tables.Do not round intermediate calculations.Round your final answer to the nearest hundred. )  In what order should Ironwood prioritize investment in the projects?