Business
Business, 23.03.2020 23:10, ToxicMonkey

Joe and Rich are both considering investing in a project with the following cash flows. Joe is content earning a 9 percent return, but Rich desires a return of 16 percent. Who, if either, should accept this project?year cash flow 0 -$25,000 1 13,700 2 18,400 a. joe, but not rich b. rich but not joe c. neither joe nor rich d. both joe and rich e. joe and possibly rich who will be neutral on this decision as his net present value will equal zero those are my choices

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