You've estimated the following cash flows (in $) for two projects:

Year Project A Project B 0 -5,700 -8,550 1 1,325 1,325 2 2,148 2,148 3 4,308 8,468 The required return for both projects is 8%. Part 1 What is the NPV for project A?

Part 2 What is the NPV for project B?

Part 3 Which project seems better according to the NPV method? Project B Project A