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Look at the cash flows for projects F and G given below. The cost of capital was assumed to be 1 0 % . Assume

Look at the cash flows for projects F and G given below.
The cost of capital was assumed to be 10%. Assume that the forecasted cash flows for projects of this type are overstated by 7% on
average. That is, the forecast for each cash flow from each project should be reduced by 7%. But a lazy financial manager, unwilling to
take the time to argue with the projects' sponsors, instructs them to use a discount rate of 17%.
a. What are the projects' true NPVs?
b. What are the NPVs at the 17% discount rate?
Note: For all requirements, do not round intermediate calculations. Round your answers to nearest dollar amount.
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