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A firm is considering two projects, A and B. Each project will last for 4 years. The projects are MUTUALLY EXCLUSIVE. The projected cash flows

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A firm is considering two projects, A and B. Each project will last for 4 years. The projects are MUTUALLY EXCLUSIVE. The projected cash flows for each project are shown below: The cost of capital facing the firm is 9.00%. What is the NPV of project B at the cost of capital? Answer format: Currency: Round to: 2 decimal places

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