If the investor had the option to invest in both projects simultaneously, the optimal strategy would need to consider the potential benefits and risks of diversifying the investment across multiple projects. By investing in both projects, the investor could spread the risk and potentially increase the overall return on investment. However, this would also require a more complex decision-making process to evaluate the performance of each project and manage the portfolio effectively.
The optimal strategy in this scenario would involve determining the optimal allocation of funds between the two projects, considering factors such as the expected returns, the level of risk associated with each project, and the investor's overall investment objectives. Additionally, the investor would need to monitor and adjust the investment allocation over time to ensure that it aligns with their investment goals and risk tolerance.