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(Numbers in parentheses are negative cash flows) These two projects are independent. Year Cash Flow of A Cash Flow of B 0 ($5000) ($2000) 1

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(Numbers in parentheses are negative cash flows) These two projects are independent. Year Cash Flow of A Cash Flow of B 0 ($5000) ($2000) 1 $1000 $1000 2 $2000 $1000 3 $2000 $2000 4 $2000 $1000 5 $1000 ($1000) What is the approximate NPV of project A if the required rate of return is 9.5%? $390 $572 $581 $1131 $3000

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