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The net annual cash flows for a capital expenditure proposal can be classified as either conventional (normal) or nonconventional (nonnormal). The following table lists the

The net annual cash flows for a capital expenditure proposal can be classified as either conventional (normal) or nonconventional (nonnormal). The following table lists the net annual cash flows for five proposed projects.

Project

Year 0

Year 1

Year 2

Year 3

Year 4

A $142,435 $25,185 $37,995 $47,595 $54,860
B $127,775 $35,790 $18,800 $18,775 $18,425
C $111,695 $50,975 $55,610 $59,650 $46,510
D $110,125 $24,760 $57,500 $61,445 $66,505
E $131,425 $22,225 $29,985 $34,675 $42,585

Which project or projects exhibit a nonconventional cash flow stream?

Project C only

Project D only

Project B, C, and D

Projects A and C

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