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Problem 2 (15%) Initial Investment Cash flow Project A $35 million $14 million per year for four years Project B $21 million $7 million per

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Problem 2 (15%) Initial Investment Cash flow Project A $35 million $14 million per year for four years Project B $21 million $7 million per year for five years Project C $14 million $7 million per year for four years Project D S21 million $11.5 million per year for three years An investor has a budget of $35 million. He can invest in the projects shown above. If the cost of capital is 8%, what investment or investments should he make

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