Determine the better investment for plumley

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Plumley Sportswear, Inc. is considering two mutually exclusive investment opportunities. Project Nike requires a $1,000,000 investment and provides a return of $12,750 per month and the return of the initial investment whenever Plumley decides to end the project. Project Under Armour also requires a $1,000,000 investment and provides a return of $80,000 semiannually and the return of the initial investment whenever Plumley decides to end the project. Determine the better investment for Plumley

Reference no: EM132050571

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