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The following are the cash flows of two projects: Year Project A Project B 0 $(260) $(260) 1 140 160 2 140 160 3 140
The following are the cash flows of two projects:
Year Project A Project B
0 $(260) $(260)
1 140 160
2 140 160
3 140 160
4 140
a.Calculate the NPV for both projects if the discount rate is 11%.(Do not round intermediate calculations. Round your answers to 2 decimal places.)
b.Suppose that you can choose only one of these projects. Which would you choose?
- Project A
- Project B
- Neither
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