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Using the gold standard of investment criteria, which project should be selected? Project NPV Investment A $ 2.3 mil $ 5.2 mil B $ 1.2

Using the "gold standard" of investment criteria, which project should be selected?

Project NPV Investment

A $ 2.3 mil $ 5.2 mil

B $ 1.2 mil $ 2.8 mil

C $ 3.5 mil $ 6.9 mil

D $ 4.4 mil $ 8.9 mil

Multiple Choice

Project A

Project B

Project C

Project D

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