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E12-27A Calculate NPV-equal annual cash inflows (Learning Objective 4) Use the NPV method to determine whether Olde West Products should invest in the following projects

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E12-27A Calculate NPV-equal annual cash inflows (Learning Objective 4) Use the NPV method to determine whether Olde West Products should invest in the following projects . Project A costs $290,000 and offers seven annual net cash inflows of S63,000. Olde West Products requires an annual return of 14% on projects like A. Project B costs $395,000 and offers ten annual net cash inflows of $71,000. Olde West Products demands an annual return of 10% on investments of this nature. Requirement What is the NPV of each project? What is the maximum acceptable price to pay for each project

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