k=11%

b) The NPV of project B is?

c)which project would be chosen and why?

options: chosen both because they both have positive NPV'S, Choose S because its NPV is higher, Choose B because its NPV's higher, cannot choose without comparing their IRRs

(Mutually exclusive projects and NPV) You have been assigned the task of evaluating two mutually exclusive projects with the following projected cash flows: Project A Project B Year Cash Flow Cash Flow 0 $(95,000) $(95,000) 1 35,000 0 2 35,000 0 3 35,000 0 4 35,000 0 The NPV of Project A is $(Round to the nearest cent.)