Business
Business, 15.04.2020 03:57, ashcookie27

Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs $23,000 and is expected to produce cash flows of $6,900 per year for 5 years. Calculate the two projects' NPVs, assuming a cost of capital of 14%. Do not round intermediate calculations. Round your answers to the nearest cent.

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Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year...

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