=+PE 26-5A Net present value—

unequal lives obj. 4 EE 26-5 p. 1194 Project A requires an original investment of $125,000. The project will yield cash flows of $24,000 per year for nine years. Project B has a calculated net present value of $2,400 over a six-year life. Project A could be sold at the end of six years for a price of $60,000.