The following are the cash flows of two projects: Year Project A Project B 0 $ (300) $ (300) 1 180 200 180 200 3 180 200 4 180 a. Calculate the NPV for both projects if the discount rate is 12%. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Project NPV Project A Project B b. Suppose that you can choose only one of these projects. Which would you choose? Project A Project B Neither 2

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