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* Your answer is incorrect. Management of Sandhill Measures, Inc., is evaluating two independent projects. The company uses a 10.00 percent discount rate for
* Your answer is incorrect. Management of Sandhill Measures, Inc., is evaluating two independent projects. The company uses a 10.00 percent discount rate for such projects. The costs and cash flows for the projects are shown in the following table. Year Project 1 Project 2 0 -$8,312,840 -$12,291,200 1 3,133,400 2,231,330 2 1,948,290 3,998,800 3 1,337,600 3,113,090 4 1,268,900 3,734,310 5 1,111,380 4,640,780 6 1,713,940 7 1,279,290 What are their NPVs? (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to O decimal places, e.g. 1,525.) The NPV of Project 1 is $ eTextbook and Media 33152896.73 and the NPV of Project 2 is $ 542711000.00
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