The following are the cash flows of two projects:

Year	Project A	Project B
0	$200	$200
1	80	100
2	80	100
3	80	100
4	80

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.)

Project	NPV
A	$
B

b.

Suppose that you can choose only one of these projects. Which would you choose?

	Project A
	Project B
	Neither