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Jamie and Raquel are both considering investing in a project with the following cash flows. Jamie has $15,000 and requires a 9% return. Raquel has

Jamie and Raquel are both considering investing in a project with the following cash flows. Jamie has $15,000 and requires a 9% return. Raquel has $10,000 but requires a return of 16%. Who, if either, should invest in this project? image text in transcribed

Jamie, but not Raquel
Raquel, but not Jamie
Neither Jamie nor Raquel
Both Jamie and Raquel
Year 0 Cash Flow -$25,000 13,700 18,400 2

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