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Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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![Lakelord Company is considering two mutually exclusive projects, A and B. Project A costs $93823 and is expected to generate $59430 in year one and $68205 in year two. Project B costs $112133
and is expected to generate $55208 in year one, $57422 in year two, $64180 in year three, and $45445 in year four. The firm's required rate of return for these projects is 0.041. The net present value
for Project B is
Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number. E.g., if your
answer is $7,001.56, should type ONLY the number 7002, NEITHER 7,001.6, $7001.6, $7,001.6, NOR 7001.56. Otherwise, Blackboard will treat it as a
answer.
wrong](https://content.bartleby.com/qna-images/question/097e40e5-9e75-4743-8785-392887d0883d/9290ab65-284c-4339-a39c-baaeb15f81e5/ypuc0xi_thumbnail.jpeg)
Transcribed Image Text:Lakelord Company is considering two mutually exclusive projects, A and B. Project A costs $93823 and is expected to generate $59430 in year one and $68205 in year two. Project B costs $112133
and is expected to generate $55208 in year one, $57422 in year two, $64180 in year three, and $45445 in year four. The firm's required rate of return for these projects is 0.041. The net present value
for Project B is
Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number. E.g., if your
answer is $7,001.56, should type ONLY the number 7002, NEITHER 7,001.6, $7001.6, $7,001.6, NOR 7001.56. Otherwise, Blackboard will treat it as a
answer.
wrong
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