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Chestnut Tree Farms has identified the following two mutually exclusive projects: Year AWNO Cash Flow (A) -$40,000 11,300 14,800 13,700 7,900 Cash Flow (B) -$40,000

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Chestnut Tree Farms has identified the following two mutually exclusive projects: Year AWNO Cash Flow (A) -$40,000 11,300 14,800 13,700 7,900 Cash Flow (B) -$40,000 17,400 14,100 12,900 2,200 Chestnut Tree Farms has identified the following two mutually exclusive projects: Year AWNO Cash Flow (A) -$40,000 11,300 14,800 13,700 7,900 Cash Flow (B) -$40,000 17,400 14,100 12,900 2,200

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