Valuing Capital Investment Projects

Growth Enterprises, Inc. $($GEI$)$ has $$40$ million that it can invest in any or all of the four capital investment projects, which have cash flows as shown in Table $1$ below.

Table $1$

Comparison of Project Cash Flows $($ $ thousands$)$

$\backslash$table$[[$Project$,\backslash$table$[[$Type of$],[$Cash Flow$]],$Year of Cash Flow$],[$Year $0,$Year $1,$Year $2,$Year $3],[$A$.,$Investment,$($$$10,000),,,],[$Revenue$,,$$$21,000,,],[$Operating expenses,,$11,000,,],[$B$.,$Investment,$($$$10,000),,,],[$Revenue$,,$$$15,000,$$$17,000,],[$Operating expenses,,$5,833,7,833,],[$C$.,$Investment,$($$$10,000),,,],[$Revenue$,,$$$10,000,$$$11,000,$$$30,000$