Consider the Timing of the Profits of the Following Certain

question 79

Multiple Choice

Consider the timing of the profits of the following certain investment projects: Profit
L S
Year 1 $ 0 $ 3000
Year 2 $ 3000 $ 0

• A) Project S is preferred to Project L.
• B) Project L is preferred to Project S.
• C) Projects S and L are equally desirable.
• D) A goal of profit maximization would favor Project S only.

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