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ABC Inc. is considering two mutually exclusive investment projects, each of which requires an up-front expenditure of $2,432,000.00. You estimate that the investments will produce

image text in transcribed ABC Inc. is considering two mutually exclusive investment projects, each of which requires an up-front expenditure of $2,432,000.00. You estimate that the investments will produce the following net cash flows: Which project should ABC Inc. choose , assuming the cost of capital is 9.00% ? Choose Project A becasue NPV A>NP by $1,672,438.01. Choose Project A becasue NPV A>NPVB by $1,617,901.99. Choose Project B becasue NPV B>NPVA by $1,817,867.4. Choose Project A becasue NPVA>NPVB by $1,890,582.1. Choose Project B becasue NPV B>NPV by $1,726,974.03

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