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Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment Project H represents an investment in a hydraulic lift

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Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment Project H represents an investment in a hydraulic lift Keller wishes to use a net present value profile in comparing the projects. The investment and cash flow patterns are as follows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods Project ($35,000 Investment) Year Cash Flow 1 $10,000 2 13,000 3 16,000 4 18,000 Project H ($30,000 Investment) Year Cash Flow 1 $16,000 2 16,000 3 15,000 o. Determine the net present value of the projects based on a zero percent discount rate. Net Present Value Project E Project H b. Determine the net present value of the projects based on a discount rate of 11 percent (Do not round intermediate calculations and round your answers to 2 decimal places.) Net Present Value Project E Project H c. If the projects are not mutually exclusive, which project(s) would you accept of the discount rate is 11 percent? O Project E O Project O Both Hand

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