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Question 14 (2 points) A company is planning for the budget in year 2021. There are four three-year projects suggested by the department. Project A

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Question 14 (2 points) A company is planning for the budget in year 2021. There are four three-year projects suggested by the department. Project A requires an initial investment of $20000 and the cash flow for the following three years are $2000, $2000, $24000 respectively. Project B requires an initial investment of $6000 and the cash flow for the following three years are $6000, $600, $600 respectively. Project C requires an initial investment of $14000 and the cash flow for the following three years are $14000, $1400, $1400 respectively. Project D requires an initial investment of $4000 and the cash flow for the following three years are $2000, $1000, $1000 respectively. The CEO ask you to pick up the projects within a budget constraint of $24000 and asks you to choose the projects. What is your choice? If the company's cost of capital is 15.03%, choose project A and D If the company's cost of capital is 11.32%, choose project B and C If the company's cost of capital is 14.21%, choose project A and D If the company's cost of capital is 8.21%, choose project B and C

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