7. You are a marketing manage and have forecasted the following sales of two different my product launches Project A Project B Year 1 $2,500 $4,000 Year 2 3,000 3,500 Year 3 3,500 3,000 Year 4 4,000 2,500 Calculate the present value of each project's cash flows, given an 11% rate of return? A. Project A = $10,605; Project B = $10,923. B. Project A = $9,881; Project B = $10,284. C. Project A = $6,605; Project B = $6,923. D. Project A = $4,605; Project B = 4,923. E. Project A = $2,605; Project B = $2,923. 8. Based on the Project A & B information from Question 7 Which project would be acceptable given a 10% rate of return? A. Project A by $377 B. Project B by $518 C. Project B by $377 D. Project B by $518 E. Both projects are equal