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

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#31 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 8.00 7.00 5.00 Project B -30.00 11.00 12.00 11.00 7.00 The cost of capital for the firm is 8.00%. What is the NPV for project A at the cost of capital? Submit Answer format: Currency: Round to: 2 decimal places

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