Suppose Walmart Inc. has two mutually exclusive investment projects to choose from: Investment A and investment B. Investment A has an initial investment (year 2 million and future inflows (in millions) of: $0.5 in year 1, and $3 in year 2. Investment B has an initial investment (year of 3 million and future inflows (in millions) of: $1,5 in year 1and $in year 2. The discount rate of both of these investments is 12%. If Walmart Inc. can afford either investment then they should

Suppose Walmart Inc. has two mutually exclusive investment projects to choose from: Investment A and Investment Investment A has an initial investment (year 0) of $2 million and future inflows (in millions) of: $0.5 in year 1. and $3 in year 2. Investment B has an initial investment (year 0) of 3 million and future inflows (in millions) of: $1.5 In year 1and $2.4 in year 2 The discount rate of both of these investments is 12%. If Walmart Inc. can afford either investment then they should: