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The cash outflow investment is $1 million. The future cash flows on investment A are as follows: year 1) $300,000, year 2) $400,000, year 3)
The cash outflow investment is $1 million. The future cash flows on investment A are as follows: year 1) $300,000, year 2) $400,000, year 3) $300,000. The cash flows on investment B are as follows: year 1) $500,000, year 2) $200,000, year 3) $300,000. Which is the better investment - A or B- based on regular payback analysis and why
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