Question
3. You are considering two projects with the following cash flows: Year Project A Project B 1 $ 2,500 $ 4,000 2 3,000 3,500 3
3. You are considering two projects with the following cash flows: Year Project A Project B 1 $ 2,500 $ 4,000 2 3,000 3,500 3 3,500 3,000 4 4,000 2,500 Select ALL of the following statements that are true concerning these two projects
A. Both projects have the same future value given a zero rate of return.
B. Project A has a lower future value than Project B, given a positive rate of return.
C. both project have the same future value at the end of year 4, given a positive rate of return.
D. Both projects have the same future value at any point in time, given a positive rate of return.
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