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Red Skull is considering the following two projects: Project Tesseract Project Serum Year Cash Flow Cash Flow 0 -$120 ? 1 30 40 2 40

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Red Skull is considering the following two projects: Project Tesseract Project Serum Year Cash Flow Cash Flow 0 -$120 ? 1 30 40 2 40 40 3 50 60 4 50 60 The two projects have the same payback period. What is Project Serum's NPV at a discount rate of 12%? (Note: For calculating the payback period, it would not matter whether you assumed cash flows occurred at the end of the year or evenly through the year.) Select one: O A. $140.00 O B. $60.00 O C. -$22.58 O D. $85.00 O E. $8.44 Clear my choice

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