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A company would like to undertake one project from the three projects listed in the table below. In other words, these projects are mutually

  

A company would like to undertake one project from the three projects listed in the table below. In other words, these projects are mutually exclusive. Given a cost of capital of 7%, which project should the company choose? Year Project A Project B Project C 0 -$18,500 -$13,000 -$16,000 1 $6,500 $4,000 $5,000 23 $6,000 $4,000 $5,200 $6,000 $5,000 $6,000 4 $6,000 $5,000 $5,000

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