Question: You are evaluating two mutually exclusive projects, Project 1 has an NPV of $3000 and an IRR of 15%. Project 2 has expected cash flows

 You are evaluating two mutually exclusive projects, Project 1 has an

You are evaluating two mutually exclusive projects, Project 1 has an NPV of $3000 and an IRR of 15%. Project 2 has expected cash flows of -$26146 in year 0, $13225 in year 1, $10746 in year 2 and $10931 in year 3. If there is a required rate of 10% on both projects, what is the Net Present Value of Project 2? (Think about but do not answer on line; which project would you choose

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