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Your division is considering two investment projects, each of which requires an up-front expenditure of $50 million. You estimate the cost of capital to be

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Your division is considering two investment projects, each of which requires an up-front expenditure of $50 million. You estimate the cost of capital to be 8% and that the investment will produce the following after-tax cash flows (in millions of dollars). Year Project A Project B 1 10 30 2 15 30 3 25 10 4 30 10 - What is the NPV of Project A? $14,016,043.17 $50 million $114,016,043,20 $130,000,000

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