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Use this content for questions 6 and 7, consider the following cash flows on two mutually exclusive projects: Year Project A Project B 0 $
Use this content for questions 6 and 7, consider the following cash flows on two mutually exclusive projects:
Year | Project A | Project B | ||
0 | $ | 52,000 | $ | 53,000 |
1 |
| 22,000 |
| 24,000 |
2 |
| 20,500 |
| 23,000 |
Calculate the NPV for each project B.
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