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of the four project in the diventrates the che determine which project Qui sould act your carton the formula or with the Cash Flow and

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of the four project in the diventrates the che determine which project Qui sould act your carton the formula or with the Cash Flow and NPV keys of acute Marks) Cash Flow Project M Project N Project Project P Year o ($2,000,000) ($2,000,000) ($2,000,000) ($2,000,000) Year 1 $500,000 $600,000 $1,000,000 $300,000 Year 2 $500,000 $600,000 $800,000 $500,000 Year 3 $500,000 $600,000 $600,000 $700,000 Year 4 $500,000 $600,000 $400,000 $900.000 Year 5 $500,000 $600,000 $200,000 $1,100,000 Discount rate 6% 9% 15% 22%

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