Question: 7. Canfly Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows (in millions of dollars):
7. Canfly Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows (in millions of dollars): The crossover rate of the two projects' NPV profiles is 9 pereent. What is the cash flow for Project B at t=3 ? A) $4.22 million B) $5.79 million C) $8.73 million D) 10.41 million E) Insufficient information
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