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Project Revenue (NPV) Cost (NPV) Profit (NPV) Opportunity cost 1 $4.2 million $3.7 million 2 $2.6 million $1.2 million 3 $8 million $6 million 4
Project | Revenue (NPV) | Cost (NPV) | Profit (NPV) | Opportunity cost |
1 | $4.2 million | $3.7 million | ||
2 | $2.6 million | $1.2 million | ||
3 | $8 million | $6 million | ||
4 | $3.2 million | $1.7 million |
Fill in the two empty columns and figure out which project will be chosen and explain why.
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