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Two projects. Y and Z: each require an investment of $100k. Cash flows from Project Y are estimated to be $10k, $30k, $50k, $70k and

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Two projects. Y and Z: each require an investment of $100k. Cash flows from Project Y are estimated to be $10k, $30k, $50k, $70k and $90k for years 1 through 5. Cash flows for Project Z are estimated to be $85k, $65k, $35k for years 1 through 3. Sketch these cash flow diagrams. Calculate NPV for each assuming cost of capital of 11%. Using approprite tools, determine which project to choose. Explain your answer. Upload Choose a File

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