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1) Consider the following cash flow data for two competing investment projects Project's Cash Flow In 0 1000 -20000 11000-20000 2 1000 3 2000 10000

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1) Consider the following cash flow data for two competing investment projects Project's Cash Flow In 0 1000 -20000 11000-20000 2 1000 3 2000 10000 43000 10000 5 2500 10000 6 1000 10000 7 2500 10000 8-1500 10000 91500 10000 10 5000 10000 At i-15% which of the two projects would be a better choice

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