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ABC Corp. has the following mutually exclusive projects that both have a required return of 13.37 %: Year Project A Project B 0 $-14,059 $-9,371
ABC Corp. has the following mutually exclusive projects that both have a required return of 13.37 %:
Year | Project A | Project B |
---|---|---|
0 | $-14,059 | $-9,371 |
1 | 9,080 | 4,904 |
2 | 7,147 | 4,294 |
3 | 2,631 | 6,307 |
What is the NPV of project B? (Round answer to 2 decimal places, do not round intermediate calculations)
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