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BRYAN CORP is considering two investment projects: Project: A B Project Life 6 years 5 years Initial investment in plant and equipment 220,000 150,000 Net
BRYAN CORP is considering two investment projects: Project: A B Project Life 6 years 5 years Initial investment in plant and equipment 220,000 150,000 Net cash flows: Year 1 25,000 Year 2 28,500 Year 3 33,000 Year 4 44,500 Year 5 67,500 Year 6 155,500 Net Present Value (10%) (GIVEN) 15,512 Internal Rate of Return (approx.) (GIVEN) 17.9% (a) Determine the net present value of project A using required rate of return on projects of 10%
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