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Table Format: Google LLC is analyzing its investment in artificial intelligence (AI) research. The cash flows for each project over the next five years
- Table Format: Google LLC is analyzing its investment in artificial intelligence (AI) research. The cash flows for each project over the next five years are as follows:
Year | Project A Cash Flows (Millions) | Project B Cash Flows (Millions) |
1 | $50 | $55 |
2 | $52 | $54 |
3 | $54 | $53 |
4 | $56 | $52 |
5 | $58 | $51 |
Calculate the net present value (NPV) for each project using a discount rate of 10%.
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