If Chung Corp. considers the time value of money in determining which project to invest in, which project represents the best investment?
The Chung Corp. is considering investing in three mutually exclusive projects. Each project will require a $200,000 initial investment and will provide cash flows as follows for a three-year period:
(Each project will not last beyond three years) 
A) Project 1
B) Project 2
C) Project 3
D) All of them represent equally good investments
Correct Answer:
Verified
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