3. (8 pts) You have been authorized by your company to decide which of three recommended projects to invest in, but you may start no more than two projects in the current calendar year. All three recommended projects require an investment of $1000 to be made at the beginning of the year. The cash flows for each of the three projects are as follows: End of year Project A Project B Project C 1 700 700 700 2 400 400 300 -300 -300 -300 250 100 250 5 100 200 3 4 250 The company uses an annual effective interest rate of 8% to discount its cash flows. Use net present value to explain which project(s) (if any) your company should invest in