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Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $331,622 $16,409 1 28,900 5,372 2 52,000 8,645 3 55,000

Consider the following two mutually exclusive projects:

Year Cash Flow (A) Cash Flow (B)
0 $331,622 $16,409
1 28,900 5,372
2 52,000 8,645
3 55,000 13,957
4 387,000 9,670

Whichever project you choose, if any, you require a 6 percent return on your investment.

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