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Decisions-Decisions, Inc. is evaluating three potential projects. Given the information in the table below, the fact that the firm can invest no more than $30
Decisions-Decisions, Inc. is evaluating three potential projects. Given the information in the table below, the fact that the firm can invest no more than $30 million, and the hurdle rate is 8%, the firm should invest in:
Year
Projects ($ in millions)
1
2
3
0
14
15
29
1
30
35
68
2
46
63
94
NPV
53.22
71.42
114.55
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