Question: 3 . Your division is considering two investment projects, each of which requires an up - front expenditure of 2 0 million. You estimate the

3. Your division is considering two investment projects, each of which requires an up-front expenditure of 20 million. You estimate the investment will produce the following net cash flows:
Year Project A Project B
1 $5,000,000 $20,000,000
210,000,000 $10,000,000

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