A firm is considering Projects A and X whose cash flows are shown in the picture below. The projects are mutually exclusive, equally risky, and not repeatable. The CEO wants to use the IRR criterion, while the CFO favors the NPV method. You are hired to advise the firm on the best procedure. If the wrong decision criterion is used, how much potential value would the firm lose?

\begin{tabular}{|c|c|c|c|c|c|} \hline WACC: & 9.18% & & & & \\ \hline & 0 & 1 & 2 & 3 & 4 \\ \hline CFS & $1,001 & $380 & $380 & $380 & $380 \\ \hlineCFL & $2,193 & $765 & $765 & $765 & $765 \\ \hline \end{tabular}