90 80 You have $1 million to invest and have the following projects to choose from. Which do you invest in if your cost of capital is 10%? What other factors may affect your decision? (20) Project/ Time A B D -400,000 -100,000 +200,000 +600,000 +300,000 600,000 -400,000 +120,000 +120,000 +120,000 +120,000 -500,000 1 +200,000 +300,000 +200,000 2 +1,000,000 3 +400,000 +100,000 4