You’re considering 2 investment projects. Option 1 involves $1 million upfront investment and has been evaluated to yield $300K for 5 years from year 1 on. Option 2 involves $1.35 million and will...

You’re considering 2 investment projects. Option 1 involves $1 million upfront investment and has been evaluated to yield $300K for 5 years from year 1 on. Option 2 involves $1.35 million and will yield of 300K for 7 years from year 1 on for the next 7 years.

1. A) Assuming a risk adjusted rate of 9%, evaluate the value of the investments over the duration. Which one would you consider as worthwhile to invest in?