Consider the following two mutually exclusive projects: Cash Cash Year Flow (A) Flow (B) o...
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Consider the following two mutually exclusive projects: Cash Cash Year Flow (A) Flow (B) o $365,000 $40,000 1 $38,000 $20,300 2 $47,000 $15,200 3 $62,000 $14,100 4 $450,000 $11,000 What is the NPV of Project (B)? The discount rate is 10%. Format your answer appropriately to two decimal places
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