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Question 1 You are the Finance Manager for a Medical Research Company. The Company is considering two medical trials with the same level of risk

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Question 1 You are the Finance Manager for a Medical Research Company. The Company is considering two medical trials with the same level of risk and time frame of 7 years and the expected associated cash flow streams. Initial Investment Value of end of project (Year 7) Trial A $12,000,000 $79,000,000 Trial B $20,000,000 $95,000,000 If the Company can only proceed with one of the trials, which would you recommend? Show workings to justify your answer. [4 marks) Type your answer in the space provided. Show all workings/calculations. MacBook Pro 80 990 * # 3 $ 4 % 5 & 7 6 8 9 0 W E R T Y U 0 s D F G . J K V B B N M

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