[Solved] Pfeifer Corporation is considering invest

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Pfeifer Corporation is considering investing in two different projects. It could invest in both, neither, or just one of the projects. The forecasts for the

Pfeifer Corporation is considering investing in two different projects. It could invest in both, neither, or just one of the projects. The forecasts for the projects are as follows.

	Project A		Project B
Capital investment	$219,400		$302,700
Net annual cash flows	$50,000		64,500
Length of project	5	years	9	years

The minimum required rate of return acceptable to Pfeifer is 10%

Compute the net present value of the two projects.

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