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OldWest has several possible new investment projects. The projects provide the following cash flows: 0 1 2 3 Project A -12,000 3,000 3,000 3,000 3,000

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OldWest has several possible new investment projects. The projects provide the following cash flows: 0 1 2 3 Project A -12,000 3,000 3,000 3,000 3,000 Project B -22,000 15,000 7,500 5,000 Project C -7,000 2,000 2,000 2,000 2,000 0 Which project(s) should OldWest accept if its cost of capital is 16.5%? Accept Project Accept Project B&C None of them Accept Project B Accept Project A Accept Project A, B &C

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