Question: Following are the three projected crop harvest of a farmer.
Project A: Initial Investment $100 , Return on 4th year $300
Project B: Initial Investment $100 , Return on 1st year 150
Project C: Two year crop with initial investment of $80 and return on every 2nd year $180
The land costs $150 and the farmer can sell the land at the same price at the end of 4th year. Evaluate the projects if the Cost of Capital is 15%.