In: Finance
Cash Flows ($ thousands) |
||||
Project |
C0 |
C1 |
C2 |
IRR (%) |
A |
-400 |
+250 |
+300 |
23 |
B |
-200 |
+140 |
+179 |
36 |
The opportunity cost of capital is 9%. Which project should Mr. Clops invest in?