Question: Which mutually exclusive project would you select, if both requires $1,000 initial investment and your discount rate is 15%; Project A with three consecutive annual
Which mutually exclusive project would you select, if both requires $1,000 initial investment and your discount rate is 15%; Project A with three consecutive annual cash flows of $1,000 annually, or Project B, with the first three years of zero cash flow followed by two consecutive years of $2,500 annually? O Project B with an NPV of 1,672.32 O Project A with an NPV of 1,672.32 O Project B with an NPV of 1,283.23 O Project A with an NPV of 1,283.23
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