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Green Grocers is deciding among two mutually exclusive projects. The two projects have the following cash flows: Project A Project B Year Cash Flow Cash

Green Grocers is deciding among two mutually exclusive projects. The two projects have the following cash flows:

Project A Project B

Year Cash Flow Cash Flow

0 -$50,000 -$30,000

1 10,000 6,000

2 15,000 12,000

3 40,000 18,000

4 20,000 12,000

The company%u2019s weighted average cost of capital is 10 percent (WACC = 10%). What is the net present value (NPV) of the project with the highest internal rate of return (IRR)?

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