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magine that your company is facing with a set of capital budgeting investment opportunities. The data table below shows the net investment and the net

magine that your company is facing with a set of capital budgeting investment opportunities. The data table below shows the net investment and the net cash flows of the different but same scale capital budgeting projects:

Year

Project #1

Project #2

0

-$4,500

-$22,000

1

$5,700

$25,800

Based on the financial data presented in the table above, which one of the projects looks like a better investment with NPV and PI decision rationale (use 10.00% as the minimum required rate of return)?

Group of answer choices

Neither one of the projects

Project #2

Both Project #1 and #2

Project #1

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