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The following are the cash flows of two projects: Year Project A Project B 0 $380 $380 1 210 280 2 210 280 3 210

The following are the cash flows of two projects:

Year Project A Project B 0 $380 $380 1 210 280 2 210 280 3 210 280 4 210

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.)

Project NPV A $ B

b. Which of these projects is worth pursuing?

Project A Project B Both Neither

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