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An investor has a maximum of 30,000 to deploy, and has the following available options: Initial Outlay Inflow At the End of: Year1 Year2

An investor has a maximum of 30,000 to deploy, and has the following available options: Initial Outlay Inflow At the End of: Year1 Year2 Year3 Investment A Investment B '000 '000 28 24 5 19 10 14 17 11 The investor estimates a constant rate of interest of 14% throughout the next 3 years. Required: Using the Net Present Value, evaluate which investment she should choose.

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