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ABC Corp. has the following mutually exclusive projects that both have a required return of 15.3 %: Year Project A Project B 0 $-14,511 $-9,358
ABC Corp. has the following mutually exclusive projects that both have a required return of 15.3 %:
Year | Project A | Project B |
---|---|---|
0 | $-14,511 | $-9,358 |
1 | 9,672 | 4,238 |
2 | 7,765 | 4,241 |
3 | 2,185 | 6,791 |
What is the NPV of project A? (Round answer to 2 decimal places, do not round intermediate calculations)
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