Question: 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
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. The cost of capial for the firm is 9.00% What is the NPV of project B at the cost of capital? Answer format: Currency. Round to: 2 decimal places
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