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Two projects 1 and 2 are available for your investment decision, knowing that you have no capital constraints (no capital rationing). Project 1 has an

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Two projects 1 and 2 are available for your investment decision, knowing that you have no capital constraints (no capital rationing). Project 1 has an NPV and PI of $152,000 and 1.15 respectively, while Project 2 has an NPV and PI of S$194,000 and 1.11 respectively. Which of the 2 projects will you opt for? Project 1 The cheapest of the 2 Project 2 Project 1 or 2 indifferently

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