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A cutting-edge company is facing a classic decision as to which of three mutually exclusive choices they should select in the development of the next

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A cutting-edge company is facing a classic decision as to which of three mutually exclusive choices they should select in the development of the next generation of programming software programs. They have three choices: to allow their internal staff to do the program, use some internal staff and some outsourced staff, or to completely outsource the program they are planning. If they have a discount rate of 10 percent and the initial cost and cash flows given in the table below, which should they choose? Use whatever analysis you want to defend your investment decision

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