The following are the cash flows of two independent projects:

Year Project A Project B

0 $ (280 ) $ (280 )

1 160 180

2 160 180

3 160 180

4 160

a. If the opportunity cost of capital is 10%, calculate the NPV for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal place

s.)

b. Which of these projects is worth pursuing? multiple choice

Project A

Project B

Both

Neither