Which project(s) should a firm choose when the projects are independent? When they are mutually exclusive? Suppose both are within the capital budget and k is 11 percent for both projects. Project A: CF = -$2250; CF = $950; CF = $3950; CF3 = $1450 Project B: CF = -$2250; CF = $950; CF2 = $950; CF3 = $4350 O Project B; project B O Both projects; project A O Neither project; neither project O Both projects; project B

Which project(s) should a firm choose when the projects are independent? When they are mutually exclusive? Suppose both are within the capital budget and k is 11 percent for both projects. Project A: CF0=$2250;CF1=$950;CF2=$3950;CF3=$1450 Project B: CF0=$2250;CF1=$950;CF2=$950;CF3=$4350 Project B; project B Both projects; project A Neither project; neither project Both projects; project B