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4. 10 points) GE has the following two projects that it is considering; it can choose only one. Project A has an investment outlay/expense today

4. 10 points) GE has the following two projects that it is considering; it can choose only one. Project A has an investment outlay/expense today of $10.0M, and its cash flows over the next three years are $4.1M, $4.1M, and $5.0M. Project B has an outlay of $10.0M, and cash flows of $0M, $0M, and $14.2M. Which project should GE choose if the cost of capital for similar projects is 3.50%?

Cannot make a choice based on given

Neither project should be chosen

Project A

Project B

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