Consider the following twoprojects:

Project

Year 0

Cash Flow

Year 1

Cash Flow

Year 2

Cash Flow

Year 3

Cash Flow

Year 4

Cash Flow

Discount

Rate

A

100

40

50

60

N/A

0.15

B

73

30

30

30

30

0.15

The net present value(NPV) of project A is closestto:

A.

30.1

B.

15.1

C.

13.2

D.