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Consider the following two projects: Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Discount Rate Alpha -79
Consider the following two projects:
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Discount Rate
Alpha -79 20 25 30 35 40 N/A N/A 16%
Beta -80 25 25 25 25 25 25 25 17%
The net present value (NPV) for project beta is closest to?
A. $18
B. $14
C.$13
D. $22
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