Assume that each of the following projects have the same costs (1,000). The discount rate is 3%. The payoffs from the projects are presented in the table below:
Based on this information, which project would you recommend?
$$\begin{array} {| l c c c | }
\hline& { \text { Project } } \
\text { at the end of year 1 } & 500 & \text { B } & \text { C } \
\text { at the end of year 2 } & 500 & 250 & 500 \
\text { at the end of year 3 } & 500 & 250 & 1000 \
\hline
\end{array}$$

Question

Assume that each of the following projects have the same costs (1,000). The discount rate is 3%. The payoffs from the projects are presented in the table below:
Based on this information, which project would you recommend?
$$\begin{array} {| l c c c | } 
\hline& { \text { Project } } \
\text { at the end of year 1 } & 500 & \text { B } & \text { C } \
\text { at the end of year 2 } & 500 & 250 & 500 \
\text { at the end of year 3 } & 500 & 250 & 1000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Assume that each of the following projects have the same costs (1,000). The discount rate is 3%. The payoffs from the projects are presented in the table below:
Based on this information, which project would you recommend?
$$\begin{array} {| l c c c | } 
\hline& { \text { Project } } \
\text { at the end of year 1 } & 500 & \text { B } & \text { C } \
\text { at the end of year 2 } & 500 & 250 & 500 \
\text { at the end of year 3 } & 500 & 250 & 1000 \
\hline
\end{array}$$

Assume That Each of the Following Projects Have the Same