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The following are the cash flows of two independent projects: Year Project A Project B 0 $ (230 ) $ (230 ) 1 110 130

The following are the cash flows of two independent projects: Year Project A Project B 0 $ (230 ) $ (230 ) 1 110 130 2 110 130 3 110 130 4 110 a. If the opportunity cost of capital is 11%, calculate the NPV for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Which of these projects is worth pursuing? multiple choice Project A Project B Both Neither

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