Question: Two projects, A and B, have an expected life span of 5 years. Both have identical initial investment, % cost of capital and raw

Two projects, A and B, have an expected life span of 5

Two projects, A and B, have an expected life span of 5 years. Both have identical initial investment, % cost of capital and raw 5 year Net Cash Flows of $10K $20K $30K, $40K and $50K with a key difference: Project A starts with $10K in Year 1 and ends with $50K in year 5. Project B is just the opposite: $50K in Y1, $10K in Y5. Which aspect is MOST critical here in determining the SNPV of each project? O The Payback period O The raw NCFS O The initial investment O The Discount Rate Oof years or periods

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