Boston Corp. is evaluating three projects. Each project will return a total of $600,000 to the company in cash flows over a three-year period. The cash flows for the three projects are as follows:

	Year 1	Year 2	Year 3	Total
Project A	$300,000	$200,000	$100,000	$600,000
Project B	200,000	200,000	200,000	600,000
Project C	100,000	200,000	300,000	600,000

Which project represents the best investment for Boston?

A)

Project C

B)

Project A *

C)

All projects are equally good investments.

D)

Project B