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Your division is considering two projects with the following cash flows (in millions): 0 1 2 3 Project A: -$20 $5 $9 $12 Project B:
Your division is considering two projects with the following cash flows (in millions):
0 1 2 3
Project A: -$20 $5 $9 $12
Project B: -$13 $8 $7 $3
What are the projects' NPVs assuming the WACC is 5%? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $10,550,000 should be entered as 10.55.
Project A $ 3.29 million
Project B $ ? million (It Says $3.42 million is wrong answer)
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