Question: Axis Corp is studying two mutually exclusive projects Project Kelvin involves an overhaul of the existing system, it will cost $25,000 and generate cash flow

 Axis Corp is studying two mutually exclusive projects Project Kelvin involves

Axis Corp is studying two mutually exclusive projects Project Kelvin involves an overhaul of the existing system, it will cost $25,000 and generate cash flow of $15,000 per year for the next 3 years Project Thompson replaces the existing system: it will cost $285,000 and generato cash inflows of 506.000 per year for 8 years. Using an) 0.05% cost of capital, calculate each project's NPV and make a recommendation based on your findings Tho NPV of project Kelvin is $ (Round to the nearest cont.) The NPV of project Thompson (Round to the newest cont) Which project should the company choose? (Select the best weblow OA Project Thompson OD Project Kelvin OG Neither

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