Gardial Fisheries is considering two mutually exclusive investments. The projects' expected net cash flows are as follows:

Expected Net Cash Flows

Time	Project A	Project B
0	($375)	($575)
1	($300)	$190
2	($200)	$190
3	($100)	$190
4	$600	$190
5	$600	$190
6	$926	$190
7	($200)	$0

I really appreciate all of your help for this! I am so incredibly lost, so please post the working file so I can see how you got to the answer!

Again, thank you for your help!

a. If each project's cost of capital is 11%, which project should be selected? If the cost of capital is 17%, what project is the proper choice? @ 11% cost of capital WACC = NPV A = @ 17% cost of capital Use Excel's NPV function as explained 17% in this chapter's Tool Kit. Note that the 11% $242.65" $206.13 WACC = NPV A = NPV B= range does not include the costs, which $41.25 are added separately VA= $91.41 NPV B