Question: ABC Corp. has the following mutually exclusive projects that both have a required return of 15.2 %: Year Project A Project B 0 $-14,880 $-9,145
ABC Corp. has the following mutually exclusive projects that both have a required return of 15.2 %:
| Year | Project A | Project B |
|---|---|---|
| 0 | $-14,880 | $-9,145 |
| 1 | 9,544 | 4,377 |
| 2 | 7,788 | 4,449 |
| 3 | 2,387 | 6,669 |
What is the NPV of project A? (Round answer to 2 decimal places, do not round intermediate calculations)
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