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A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent. Projects

A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent. Projects 3, 4 and 5 are mutually exclusive. Returns percentages for these projects are as follows: P1 – 14%, P2 – 12%, P3 – 10%, P4 – 15%, P5 – 12%. A RANKING OF THE PROJECTS ON THE BASIS OF THEIR RETURNS FROM THE BEST TO THE WORST ACCORDING TO THEIR ACCEPTABILITY TO THE FIRM WOULD BE…

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