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Use the following information to complete questions 612 Your division is considering two imvestment projects, each of which requires an up-front expenditure of $22 million.

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Use the following information to complete questions 612 Your division is considering two imvestment projects, each of which requires an up-front expenditure of $22 million. Project A will have cash flows of $3 million in year 1.$4 million in year 2,$8million in year 3 , and $18million in year 4 . Project 8 will have cash flows of $17 million in year 1,$9 million in year 2,54 million in year 3 , and $2 million in year 4 . Question 6 Assume the projects are independent. What is Project A's net present value, assuming the cost of capital is 6% ? Blank 1 What is Project B's net present value, assuming the cost of capital is 6% ? Blank 2 At this cost of capitaL do you accept or reject Project A? Blank 3 At this cost of capital, do you accept or reject Project B? Blank 1 Add youranswer Blank 2 Add your answer Blank 3 Add your answer Blank 4 Add your

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