Question: 8) Two projects being considered by a firm are mutually exclusive and have the following projected cash flows: Year Project A Cash Flow Project B

 8) Two projects being considered by a firm are mutually exclusive

8) Two projects being considered by a firm are mutually exclusive and have the following projected cash flows: Year Project A Cash Flow Project B Cash Flow 0 -$4.0 ? $3.0 $1.7 1 2 $5.0 $3.2 3 $2.0 $5.8 The crossover rate of the two projects" NPV profiles is 9%. What is the initial cash flow for Project B? (Select 1)(1pts) O $4.51 0 $5.70 O $4.22

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