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Check my work The following are the cash flows of two projects: Year Project A Project B 0 $(230) $(230) 1 110 130 2 110

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Check my work The following are the cash flows of two projects: Year Project A Project B 0 $(230) $(230) 1 110 130 2 110 130 3 110 1130 4 110 Nm a. Calculate the NPV for both projects if the opportunity cost of capital is 16%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Project B $ NPV 111.27 87.68 b. Suppose that you can choose only one of these projects. Which would you choose? O Project B Project A Neither

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