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7 of 30 Canfly Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows (in millions

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7 of 30 Canfly Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows (in millions of dollars) Marks Year Project A Cash Flow Project B Cash Flow 0 -$4.0 ? 2.0 1.7 3.0 3.2 3 5.0 5.8 The crossover rate of the two projects' NPV profiles is 9 percent. What is the cash flow for Project B at t=07 O a $4.22 million O b. $4.51 million Oc $8.73 million O d. -$7.53 million Oe. $4.0 million Previous page 16 17 18 19 20 Next page 1 2 Quiz Tools 88 Collapse Finish attempt

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