Next to scanni Initial Investment Cash flow Project $20 million 58 million per year for four years Project B $12 milion 54 million per year for five year Project $8 million 54 milion per year for four years Project D $12 milion 56.0 million per year for three years An investor has a budget of $20 milion He can invest in the projects shown above. If the cost of capital is 7%what investment or investments should he mako? stion: OAProject A OB Project B OC Project B and Project C OD Project and Project TA per year foi on per year to