Question: Can you help me with this question please In 2017, Burt approached The Count Smartnrich with two business opportunities: (i) Weworkonline an online workplace platform,

Can you help me with this question please

In 2017, Burt approached The Count Smartnrich with two business opportunities:

(i)" Weworkonline" an online workplace platform, which requires a capital investment of $ 3 million. This business would require Count to commit full time. Thus, the Count would have to leave existing employment as head accountant at Apple-berry Investment limited which pays him $8 million.

(ii)" Nothanksgerms" a hand sanitizer manufacturing company, which requires a capital investment of $ 50 million. This business would not require any time commitment from the Count.

Both businesses are expected to make $25 million in profit during first year of operation. However, the Count would have to sell his US, GOV. 15/28 bonds which he bought at par and yield 6.750% per year.

A.Calculate which business will yield the highest economic profit for the Count. State which business opportunity would be best for investment.

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