Question 1:

Question 2:

You are a consulting firm intern and your job is to help a client choose investment projects. Your client, RealEstate, is a young and growing commercial and residential real estate firm. After reading through all the related information of those projects, you have compiled the following cash flow projections: CFO CF1 project 1 project 2 project 3 project 4 project 5 -100 -80 -70 -60 -50 50 40 30 30 25 50 45 40 40 30 50 50 50 60 70 CF2 CF3 CFO denotes the initial investment. CF1 is the cash flow at the end of the first year. CF2 is the cash flow at the end of the second year, and so on. The units are millions of dollars. Suppose RealEstate has a budget of $150M, recommend the projects it should take (choose all that apply) Project 1 Project 2 Project 3 Project 4 Project 5 None If the budget is only $100M, which projects do you take? Project 1 Project 2 Project 3 Project 4 Project 5