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#4 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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#4 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 4 -20.00 8.00 7.00 6.00 4.00 Project A -30.00 12.00 10.00 9.00 6.00 Project B The cost of capital for the firm is 12.00%. What is the NPV of project B at the cost of capital? Submit Answer format: Currency: Round to: 2 decimal places. C unanswered not submitted Attempts Remaining: Infinity

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