Question
Taraz Company has assembled the following data with respect to eight projects. Project 1: Initial Cost = $100,000; NPV = $5,000 Project 2: Initial Cost
Taraz Company has assembled the following data with respect to eight projects. Project 1: Initial Cost = $100,000; NPV = $5,000 Project 2: Initial Cost = $104,000; NPV= $5,150 Project 3: Initial Cost =$108,000; NPV= $5,300 Project 4: Initial Cost= $110,000;NPV = $5,450 Project 5: Initial Cost = $98,000; NPV = $4,950 Project 6: Initial Cost = $96,000; NPV = $4,900 Project 7: Initial Cost= $94,000; NPV: $4,850 Project 8: Initial Cost = $92,000; NPV= $4,700 Taraz Company can only do one of the projects. Which ONE is the BEST? Note: your calculator needs to display at least 4 digits after the decimal in order to answer this questions correctly.
A. Project 1
B. Project 2
C. Project 3
D. Project 4
E. Project 5
F. Project 6
G. Project 7
H. Project 8
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