Sky Fly, Inc is considering an investment in two different expansions. The following estimates have been...

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Sky Fly, Inc is considering an investment in two different expansions. The following estimates have been calculated for each project. X Y Initial Investment 15,000 15,000 Annual Rate of Return Pessimistic 16% 10% Discussion Most Likely 20% 20% Optimistic 24% 30% What does your investment choice say about your feelings towards risk? Assume that expansion Y most likely outcome is 21% per year and that all other facts remain the same. Does this change your investment choice answer? Why? What are the ethical considerations that Sky Fly's managers should observe when deciding between the two projects? Sky Fly, Inc is considering an investment in two different expansions. The following estimates have been calculated for each project. X Y Initial Investment 15,000 15,000 Annual Rate of Return Pessimistic 16% 10% Discussion Most Likely 20% 20% Optimistic 24% 30% What does your investment choice say about your feelings towards risk? Assume that expansion Y most likely outcome is 21% per year and that all other facts remain the same. Does this change your investment choice answer? Why? What are the ethical considerations that Sky Fly's managers should observe when deciding between the two projects?