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

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: Year 0 1 2 3 4 Project A -20.00 9.00 7.00 6.00 4.00 Project B -31.00 10.00 12.00 10.00 6.00 The cost of capital for the firm is 8.00% What is the NPV for project A at the cost of capital? Submit Answer format: Currency: Round to: 2 decimal places

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