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you are evaluating the following investments opportunities: ProjectA: This project requires $2000 upfront, and pays you $500 at the end of each of the first
you are evaluating the following investments opportunities:
ProjectA: This project requires $2000 upfront, and pays you $500 at the end of each of the first 2 years, and an additional lump-sum of $1200 at the end of year 3
PorjectB: This project requires $2000 upfront, and pays you $600 at the end of each of the first 2 years, and an additional lump-sum of $1000 at the end of year 3
which project has a smaller IRR, and which project is more attractive?
a) Project A; Project A
b) Project A; Project B
c) Project B; Project A
d) Project B; Project B
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