Question: 2 3 Consider the following project: Year Project A -20.00 8.00 7.00 9.00 8.00 Find the payback for this project. (ROUND TO TWO DECIMAL PLACES)
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Consider the following project: Year Project A -20.00 8.00 7.00 9.00 8.00 Find the payback for this project. (ROUND TO TWO DECIMAL PLACES) Submit Answer format: Number: Round to: 2 decimal places. A firm is considering two projects, A and B. Each project will last for 4 years. The projects are INDEPENDENT. The projected cash flows for each project are shown below: Year 0 1 23 Project A -20.00 8.00 7.00 6.00 4.00 Project B -30.00 12.00 9.00 11.00 8.00 The cost of capital for the firm is 11.00%. What is the NPV for project A at the cost of capital? Submit Answer format: Currency: Round to: 2 decimal places
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