A company has three independent projects to consider. The cost of capital is 11.0%, has the following Initial Cost and Expected Cash Flows: 1 21,750 1,500 5,400 Initial -50,500 -16,200 -33,000 Project A Project B Project C List the NPV for each project. Which, if any, of the projects should be approved? 2 15,870 3,000 8,600 3 10,860 4,500 14,060 4 7,506 6,000 8,600 5 4,500 7,500 5,400 mm