What is the net present value of the following two projects if the required rate of return is 9.75%?

(Note, the numbers inredare negative)

Year

Project A

Cashflows

Project B

Cashflows

Project A

DCF

Project B

DCF

0

-2,500,000

-3,780,000

1

-150,000

-200,000

2

220,000

400,000

3

487,000

800,000

4

825,000

1,300,000

5

1,200,000

1,800,000

6

1,700,000

2,200,000

NPV

a.NPV for Project A is $2,709,434.20, and the NPV for Project B is $4,040,416.59

b.NPV for Project A is $209,434.20, and the NPV for Project B is $260.416.59

c.NPV for Project A is 5 years and the NPV for Project B is 5 years

d.NPV for Project A is $482,782.72, and the NPV for Project B is $624,881.28