1.You are a finance manager of a company. You have a choice among three potential projects with the following cash flow (in EUR).

Year	1	2	3
Project A	4000	4000	4000
Project B	4000	3000	5000
Project C	5000	4000	3000

Assuming the interest rate being 4.45%, which project do you choose and why?

2.In Question 1, if the interest rate for the third year changed to 3%, which project do you choose and why?

3.Comparing the settings of Questions 1 and 2, which one do you think is closer to the real world and why?