Question: Initial Investment Project A Project B Project C Project D Cash flow $21 million $18 million $15 million $12 million $12 million per year for

Initial Investment Project A Project B Project C Project D Cash flow $21 million $18 million $15 million $12 million $12 million per year for three years $9 million per year for three years $6 million per year for six years $4.5 million per year for eight years An investor has a budget of $30 million. He can invest in the projects shown above. If the cost of capital is 5%, what investment or investments should he make? Show all calculations.
 Initial Investment Project A Project B Project C Project D Cash

An investor has a budget of $30 million. He can invest in the projects shown above. If the cost of capital is 5%, what investment or investments should he make? Show all calculations

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