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Suppose a company has proposed a new 4-year project The project has an initial outlay of $32,000 and has expected cash flows of $6,000 in

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Suppose a company has proposed a new 4-year project The project has an initial outlay of $32,000 and has expected cash flows of $6,000 in year 1, $8,000 in year 2, $11,000 n year 3, and $13,000 in year 4. The required rate of return is 15% for protects at this company. What is the net present value for this project? (Answer to the nearest dollar.) Suppose a company has two mutually exclusive projects, both of which are three years in length Project A has an initial outlay of $8,000 and has expected cash flows of $3,000 in year 1, $4,000 in year 2, and $4,000 in year 3 Project B has an initial outlay of $7,000 and has expected cash flows of $3,000 in year 1, $4,000 in year 2, and $5,000 in year 3. The required rate of return is 15% for projects at this company. What is the net present value for the best project? (Answer to the nearest dollar

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