6. You are deciding between two mutually exclusive investment
opportunities. Project A requires an investment of $1,000 at t = 0
and generates a perpetual cash flow of $150 starting at t = 1.
Project B requires an investment of $1,000 at t = 0 and generates a
cash flow of $60 at t = 1. After
t=1thecashflowgrowsattherateof4%inperpetuity (so the cash flow
att=2 is 4% higher than the cash flow at t = 1, the cash flow at t
=...