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The following are the cash flows of two projects: Year Project A Project B 0 $360 $360 1 190 260 2 190 260 3 190
| The following are the cash flows of two projects: |
| Year | Project A | Project B |
| 0 | $360 | $360 |
| 1 | 190 | 260 |
| 2 | 190 | 260 |
| 3 | 190 | 260 |
| 4 | 190 | |
| a. | Calculate the NPV for both projects if the opportunity cost of capital is 17%. (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? | ||||||
|
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