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17. (Ignore income taxes in this problem.) Lafayette Co. is analyzing various possible investment opportunities. And the firm has resources only for one project Project
17. (Ignore income taxes in this problem.) Lafayette Co. is analyzing various possible investment opportunities. And the firm has resources only for one project Project P $30,000 Project $36,000 Project R Project S $54,000 $45,000 Project T $50,000 Cost of investment Net cash flow Year 1 Year 2 Year 3 Year 4 Year 5 12,000 12,000 12.000 -0- -0- 3,000 14,000 14,000 18,000 -0- 4,000 16,000 20,000 30,000 50,000 24,000 8,000 6,000 4,000 2.000 15,000 15,000 15,000 10,000 10,000
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