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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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