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Use the following after-tax cash flows for project A and B to answer the next question: (Numbers in parentheses are negative) These two projects are

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Use the following after-tax cash flows for project A and B to answer the next question: (Numbers in parentheses are negative) These two projects are mutually exclusive. Year Cash Flow of A Cash Flow of B 0 ($2,000) ($2,000) 1 $900 $800 $850 $650 3 $650 $450 4 $510 $910 5 ($200) $100 What is the approximate NPV of project A if the required rate of return is 11%? 13.49% 16.31% 14.76% 10.00% 18.10%

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