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6. Consider project A and B. The following table demonstrates the cash flows for both projects, and the required rate of return is 10%. If

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6. Consider project A and B. The following table demonstrates the cash flows for both projects, and the required rate of return is 10%. If the projects are mutually exclusive: Year Project A Project B 0 -$20000 -$50000 10000 10000 12000 8000 3 4000 50000 Calculate NPV (Net Present Value) for both projects. According to the NPV results, which project should be selected? Explain your reason briefly. (10 pts) 1 2

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