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Hello, I found that the answer is B, but I want to know how. Step by step, I want to actually learn this. I have tried to use the NPV excel equation...
Hello,
I found that the answer is B, but I want to know how. Step by step, I want to actually learn this. I have tried to use the NPV excel equation and I get $199,480.32 for Project A and ($48,027.80) for Project B, but these are not optional answers to choose from. Please Help.
1. Yong Importers, an Asian import company, is evaluating two mutually exclusive projects, A and B. The relevant cash flows for each project are given in the table below. The cost of capital for use in evaluating each of these equally risky projects is 10 percent.
