Independent World Expansion Plan Independent World Ltd has 3 options for business expansion. The first option is to acquire Great Wall Co. at a price of USD 10,000. For choice For the first time, Independent World projects a cash in of USD 1300 for 20 years. However, they also still have to invest USD 50 per year for 20 year. For the second option, Independent World can launch Warzone Game products for a fee R&D USD 500 and continued development costs in 1-3 years USD 500 each the year. Furthermore, until the 20th year, Independent World must carry out promotional fees amounting to US200 per year. The cash in estimates are: 230 in the first year 300 in the second year 350 in the third year 450 from the 4th to the 8th years Furthermore, until the 20th year it is USD 500. For the third option, Independent world can launch the StarsGamez product requires bigger investment but more cash in. As for the financial projections is like this: Initial R&D fee: USD 750 Development Costs for 1-10 years: USD 450; next development costs until the 20th year will be reduced to USD 350. For cash in, in 1-5 years it has reached USD 300 per year. The 5-10th year is USD 500 per year. Years 11-13 cash in is USD 750 per year and then that would be estimated jumped to USD 1000 in years 14 and 15 respectively; USD 1250 each in years 16,17 and 18. Cash in USD 200 will be achieved on year 19 and USD 2000 in year 20th. If the interest rate for investment held by Independent World is 10%, from these three choices, which one do you suggest to do.

a. Making calculations what cgoice should take it

c. If the interest rate for investment changes to 12% which choice will you take and explain