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Cash flows for projects F and G are given below. Cash Flows, ($) Project C0 C1 C2 C3 C4 C5 F 9,000 + 6,000 +

Cash flows for projects F and G are given below. Cash Flows, ($) Project C0 C1 C2 C3 C4 C5 F 9,000 + 6,000 + 5,000 + 4,000 0 0 G 9,000 + 1,800 + 1,800 + 1,800 + 1,800 + 1,800 The cost of capital for projects of this type is 10%. Assume that the forecasted cash flows are overstated and should be 8% lower than those provided by the project analyst. But a lazy financial manager, unwilling to take the time to argue with the projects sponsors, instructs them to use a discount rate of 18%. Assume that G is a perpetuity. a. What are the projects true NPVs? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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