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132 2 A firm is considering two projects, A and B. Each project will last for 4 years. The projects are INDEPENDENT. The projected cash

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132 2 A firm is considering two projects, A and B. Each project will last for 4 years. The projects are INDEPENDENT. The projected cash flows for each project are shown below: Year 0 1 2 3 Project A - 19.00 9.00 7.00 5.00 Project B -30.00 11.00 12.00 11.00 7.00 8.00 The cost of capital for the firm is 8.00% What is the NPV of project 8 at the cost of capital? Submit Answer format: Currency: Round to: 2 decimal places

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