You are considering two projects with the following cash flows:
Calculate the present value of each project's cash flows, given an 8% rate of return?
A) Project A = $10,605; Project B = $10,923.
B) Project A = $8,605; Project B = $8,923.
C) Project A = $6,605; Project B = $6,923.
D) Project A = $4,605; Project B = $4,923.
E) Project A = $2,605; Project B = $2,923.
Correct Answer:
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