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2- You are invited to help the financial manager of Memphis Corporation to choose the best investment opportunity between the following 2 projects (use 2

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2- You are invited to help the financial manager of Memphis Corporation to choose the best investment opportunity between the following 2 projects (use 2 DCF methods for each project): Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Initial Cost of Investment capital Nigeria $750,000 18 % Philippine $850,000 21 % $170,000 $240,000 $290,000 $310,000 $350,000 $190,000 $230,000 $240,000 $270,000 $310,000 $350,000

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