11. Calculate Net Present Value (NPV) by applying valuation techniques for the capital budget of the following two projects that a company is evaluating. The assumed rate of return is 11% per year, computed annually. Assume an initial investment of $ 28,000 for A and $ 35,000 for B. Then answer: What project should the firm take into consideration, if it is assumed that both projects are "Mutually Exclusive"? Explain the reason for your answer. Year 1 2 Project A Project B Cash Flow $7,000 $9,000 $7,000 $9,000 $7,000 $8,000 $7,000 $7,000 $7,000 $6,000 3 4 5