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A company is considering investing in 1 of 3 projects, the cash flows of which are predicted below. Based on a cost of capital of

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A company is considering investing in 1 of 3 projects, the cash flows of which are predicted below. Based on a cost of capital of 10%, which has the highest NPV? Project/$ Year Year 1 Year 2 Year 3 Year Year 4 5 B (1.000) 1.000 0 0 (2.000 1.000 1.000 4.000 1.000 1.000 (3.000 1.000 1.000 1.000 1.000 C B DA ic

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