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(Related to Checkpoint 11.1, Checkpoint 11.3, and Checkpoint 11.4) (Net present value, profitability index, and internal rate of return calculations) You are considering two independent

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(Related to Checkpoint 11.1, Checkpoint 11.3, and Checkpoint 11.4) (Net present value, profitability index, and internal rate of return calculations) You are considering two independent projects, Project A and Project B. The initial cash outlay associated with Project A is $53,000 and the initial cash cutlay associated with Project B is $72,000. The discount rate on both projects is 10.9 percent. The expected annual cash flows from each project are as follows: Year Project A Project B $(53,000) 9,000 9,000 9,000 9,000 9,000 9,000 $(72.000) 10,000 10,000 10,000 10.000 10,000 10,000 Calculate the NPV, Pl, and IRR for each project and indicate if the project should be accepted or not. a. The NPV of Project A is S. (Round to the nearest cent.)

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