Question: There are two projects that are both asking for funding. The company will fund one of the projects, but not both. The numbers have been

There are two projects that are both asking for

There are two projects that are both asking for funding. The company will fund one of the projects, but not both. The numbers have been simplified to make the math easier. Both projects will last for 4 years, and then be worth nothing. Both require an initial capital investment of $1,014. Consider the required rate of return to be 12%. Inflation is not a factor. Each project is expected to have cash flows as follows: Enter the NPV of the selected project. Enter to the nearest $0.01, but enter only the number, not the \$ sign

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