Questions A9 and A10 both relate to the following table which provides the NPV in perpetuity (NPV) and standard NPV (NPV0) for two mutually exclusive projects A and B, which have the same risk-adjusted discount rate

Project	NPV	NPV0	Life
A	$2451	$1000	4 years
B	$2461	$800	3 years

A9. If the firm makes the optimal investment decision based on the table above, which of the following is closest to the wealth created for the firm on the day that the decision is made?

a) $2,451. b) $2,461. c) $800. d) $1,000. e) Insufficient information to answer the question.

A10. If these two projects were independent projects and the firm had sufficient funds to make the optimal investment decisions which of the following is closest to the wealth created for the firm on the day that the optimal investment decisions are made?

a) $2,451. b) $2,461. c) $800. d) $1,000. e) Insufficient information to answer the question.