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A company has the following two projects: Time 1 Time 3 Time 0 Time 2 Project 1 150 150 150 -300 Project 2 -300 350

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A company has the following two projects: Time 1 Time 3 Time 0 Time 2 Project 1 150 150 150 -300 Project 2 -300 350 Suppose that Jane is the only shareholder of this company and she is 99 years old. Since she is very old, she wants to spend all her wealth within a year. What project should the company invest in? Assume a 10% discount rate. O A. Project 1 O B. Project 2 O C. N/A D. N/A

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