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The required rate of return on both projects is 9 percent. The expected annual free cash inflows from each project are in the popup window:

image text in transcribedimage text in transcribed The required rate of return on both projects is 9 percent. The expected annual free cash inflows from each project are in the popup window: . Calculate the NPV, PI, and IRR for each project and indicate if the project should be accepted. a. What is the NPV of project A ? $ (Round to the nearest cent.) What is the NPV of project B ? (Round to the nearest cent.) Based on the NPV criterion, project A should be b. What is the PI of project A ? (Round to three decimal places.) What is the PI of project B ? (Round to three decimal places.) Based on the PI criterion, project A should be c. What is the IRR of project A ? ] \% (Round to two decimal places.) What is the IRR of project B ? \% (Round to two decimal places.) Based on the IRR criterion, project A should be (Select from the drop-down menus.) because its NPV is and project B should be because its PI is because its IRR is than 1.00 and project B should be than 1.00 and project B should be (Select from the drop-down menus.) because its NPV is because its PI is than 1.00. (Select from the drop-down menus.) than the expected rate of return and project B should be because its IRR is than the expected rate of return. than the expected rate of return. Data table (Click on the following icon in order to copy its contents into a spreadsheet.)

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