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12. Consider the following three projects. Period T=0 T=1 T=2 T=3 T=4 T=5 Project A ($5,000) $2,000 $1,200 $1,800 $1,800 $4,800 Project B ($9,000) $1,500
12. Consider the following three projects. Period T=0 T=1 T=2 T=3 T=4 T=5 Project A ($5,000) $2,000 $1,200 $1,800 $1,800 $4,800 Project B ($9,000) $1,500 $2,500 $2,500 $2,500 $4,500 Project C __$4,000) $900 $900 $900 $2,500 $2,500 When you have only $18,000 to support the above projects, which project (or projects) should be chosen under NPV method and explain WHY? Use 8 percent discount rate. (8 points)
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