Question: You division is considering two projects, each of which requires an upfront expenditure of $ 2 5 million. You estimate that the cost of capital

You division is considering two projects, each of which requires an upfront expenditure of $25 million. You estimate that the cost of capital is 10 percent and that the investments will produce the following after-tax cash flows (in millions of dollars).
\table[[Year 1,Project A,Project B],[1,$5,$20
 You division is considering two projects, each of which requires an

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