Question
The following are the cash flows of two projects: Year Project A Project B 0 $ (330 ) $ (330 ) 1 160 230 2
The following are the cash flows of two projects:
| Year | Project A | Project B | ||||
| 0 | $ | (330 | ) | $ | (330 | ) |
| 1 | 160 | 230 | ||||
| 2 | 160 | 230 | ||||
| 3 | 160 | 230 | ||||
| 4 | 160 | |||||
a. Calculate the NPV for both projects if the discount rate is 12%. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
