Questions A capital budgeting committee is to choose which of the following two projects is worth investing $150,000 in when the cost of capital is 6.5% According to the CFO, the NPV of Project is 84,904 and NPV of Project 2 is 106,080. Which project should be chosen if they are mutually exclusive? Year Project 1 Prject 2 0 -150.000 150.000 1 30,000 80000 2 55.000 71000 3 62000 65000 4 69000 53000 5 73000 32000