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1. Consider the following cash flow data for two competing investment projects: B 100 $-1,403,028 $-1,216,803 111 $685,123 $745,871 122 $565,581 $384,514 13 4 $418,212

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1. Consider the following cash flow data for two competing investment projects: B 100 $-1,403,028 $-1,216,803 111 $685,123 $745,871 122 $565,581 $384,514 13 4 $418,212 $338,182 14 At i-6%, which of the two projects would be a better choice? 15 16

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