Question: Question #8 Quark Industries has two potential projects, all with an initial cost of $2,000,000. The capital budget for the year will allow Quark Industries

 Question #8 Quark Industries has two potential projects, all with an

Question #8 Quark Industries has two potential projects, all with an initial cost of $2,000,000. The capital budget for the year will allow Quark Industries to accept only one of the projects. Given the discount rates and the future cash flows of each project, determine which project Quark should accept. Year 1 Year2 Year3 Year4 Year5 $3000 $3500 $2000 $2000 $ 5000 $ 2000 $8000 $3000 Discount rate

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