Consider now the timing of the cash flows of the projects. What bearing does this have upon the investment decision?

Table 1 Cash Flows from Alternative Investment Projects as Estimated by the World Bank (Millions of Dollars) Project A Project Rubber Project B Deepwater Project C Airport Project D Strip Returns Plantation seaport Facility Mine in Years (Cost = $50M) (Cost = $50M) (Cost = $50M) (Cost = $50M) 1 0 $12.745 $11 $35.5 2 0 12.745 13 23.2 3 0 12.745 14 11 4569000 0 12.745 15 6 0 12.745 17 0 12.745 19 7 0 12.745 21 8 0 12.745 23 0 12.745 25 10 $465.66 12.745 27 oooooo 0 0 0