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Business, 16.06.2021 15:20 manuellopez1981

An investment manager is currently evaluating three projects: a. Project 1 requires an initial investment of $10,000, will provide future cash flows of $26,000, and the PV of the future cash flows is $17,000.
b. Project 2 requires an initial investment of $20,000, will provide future cash flows of $60,000, and the PV of the future cash flows is $31,000.
c. Project 3 requires an initial investment of $30,000, will provide future cash flows of $100,000, and the PV of the future cash flows is $56,700.

Required:
Rank the projects from most to least desirable.

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