Question: All-American Inc. is evaluating two mutually exclusive projects. The required rate of return on these projects is 7%. Calculate the net present value for project
All-American Inc. is evaluating two mutually exclusive projects. The required rate of return on these projects is 7%. Calculate the net present value for project A. (Round to 2 decimals)
| Year | Project A | Project B |
| 0 | -750,000 | -1,400,000 |
| 1 | 300,000 | 500,000 |
| 2 | 300,000 | 500,000 |
| 3 | 300,000 | 500,000 |
| 4 | 300,000 | 500,000 |
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