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The net present value ( NPV ) method estimates how much a potential project will contribute to , and it is the best selection criterion.

The net present value (NPV) method estimates how much a potential project will contribute to , and it is the best selection criterion. The -- select the NPV, the more value the project adds; and added value means a -Select- stock price. In equation form, the NPV is defined as:
NPV=CF0+CF1(1+)N+CF2(1+r)2+dots+CFN(1+r)N=t=0NCFt(1+r)t
NPV. operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 9%.
\table[[,1,1,2,3,4],[Project A,-1,090,700,355,210,260],[Project B,-1,090,300,290,360,710]]
What is Project A's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
What is Project B's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
If the projects were independent, which project(s) would be accepted?
If the projects were mutually exclusive, which project(s) would be accepted?
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