Question
Lakelord Company is considering two mutually exclusive projects, A and B. Project A costs $86784 and is expected to generate $60621 in year one and
Lakelord Company is considering two mutually exclusive projects, A and B. Project A costs $86784 and is expected to generate $60621 in year one and $69474 in year two. Project B costs $119079 and is expected to generate $50408 in year one, $54871 in year two, $65647 in year three, and $49038 in year four. The firm's required rate of return for these projects is 0.067. The net present value for Project A is
Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number. E.g., if your answer is $7,001.56, should type ONLY the number 7002, NEITHER 7,001.6, $7001.6, $7,001.6, NOR 7001.56. Otherwise, Blackboard will treat it as a wrong answer.
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