Question: Project A Project B Project C Project D Initial Investment $10 million $6 million $4 million $6 million Cash flow $4 million per year for

 Project A Project B Project C Project D Initial Investment $10

Project A Project B Project C Project D Initial Investment $10 million $6 million $4 million $6 million Cash flow $4 million per year for four years $2 million per year for five years $2 million per year for four years $3.0 million per year for three years An investor has a budget of $10 million. He can invest in the projects shown above. If the cost of capital is 5%, what investment or investments should he make? O A. Project A OB. Project B OC. Project B and Project C OD. Project C and Project D

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