4 The following are the cash flows of two projects: Year Project A Project B 0 $-390 $-390 1 2 3 4 220 220 220 220 290 290 290 Project Project A Project B a. Calculate the NPV for both projects if the discount rate is 12%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) NPV

The following are the cash flowis of two projects: FLLL IN YOUR ANSWER WITH A COMMA FOR THOUSANDS. MILLIONS ETC AND A DOT FOR DECIMALS, do not fill in any currency sign (\$, Cetc) So for instance. One-million-one-hundred-thousand and fourty euros and 50 cents would be 1,100,040,50. For percentages use dot and NO \% sign. For instance if you think an answer is seven per cent and 22 hundredths, write 722 a. Calculate the NPV for both projects if the discount rate is 12%. (Do not round intermediate calculations. Round your answers to 2 decimal places.)