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Zellers, Inc. is considering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and

Zellers, Inc. is considering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and $75,000 in year two. Project B costs $120,000 and is expected to generate $64,000 in year one, $67,000 in year two, $56,000 in year three, and $45,000 in year four. Zellers, Inc.'s required rate of return for these projects is 10%. The net present value for project A is?

A) $12,358

B) $16,947

C) $19,458

D) 26,074

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