The following are the cash flows of two projects:
The following are the cash flows of two projects:
Year Project A Project B
0 $(360) $(360)
1 190 260
2 190 260
3 190 260
4 190
a. Calculate the NPV for both projects if the discount rate is 12%. Round 2 decimal places
Project NPV
a
b
b. Suppose that you can choose only one of these projects. Which one would you choose?