A firm with a WACC of 10% is considering the following mutally exclusive projects:
Project A: year 0=-200, year 1=75, year 2=75, year 3=75, year 4=190, and year 5=190
Project B: year 0--650, year 1=250, year 2=250 year 3=125, year 4=125 and year 5=125
Which project would you recommend? Explain?