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The following are the cash flows of two independent projects: Year 0 1 2 3 4 Project A $ (320) 150 150 150 150 Project

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The following are the cash flows of two independent projects: Year 0 1 2 3 4 Project A $ (320) 150 150 150 150 Project B $ (320) 220 220 220 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.) NPV Project Project A Project B b. Which of these projects is worth pursuing? O Project A O Project B O Both O Neither

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