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2. You have a choice between investing in two projects, and you can only complete one of them. Project Aniston would cost you $35,000 today,
2. You have a choice between investing in two projects, and you can only complete one of them. Project Aniston would cost you $35,000 today, while Project Jolie would cost you $50,000 today. In future years, each will produce the cash flows listed below (at the end of each year). Assuming you require a 6.5% return on your investments, compute the net present value of the two options and indicate which investment you should make (if any). Year 1 Cash Flows Produced By Each Investment Project Aniston Project Jolie $22,000 $18,000 $22,000 $22,000 $22,000 $29,000 $22,000 $35,000
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