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round to two decimals A firm has a WACC of 9% and is deciding between two mutually exclusive projects. Project A has an initial investment

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A firm has a WACC of 9% and is deciding between two mutually exclusive projects. Project A has an initial investment of $63. The additional cash flows for project A are: year 1=$20, year 2=$35, year 3=$64. Project B has an initial investment of $74. The cash flows for project B are: year 1= $59, year 2=$41, year 3=$21. Calculate the payback and NPV for each project. (Show all answers to 2 decimals) Payback for A: Payback for B: NPV for A: NPV for B

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