. A venture capitalist is considering investing in several projects. You have researched several possibilities for her and come up with the following cash flow estimates. Which investment should you recommend for the venture capitalist to choose?

Project Initial Investment First-Year Cash Flow Growth Rate Cost of Capital

Dating App $250.000 $55.000 4% 7%

Green Energy $350.000 $75.000 4% 8%

Water Purification$400.000 $120.000 5% 8%

Smart Clothes$500.000 $125.000 8% 12%