Table 11.12
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. 
-The Annualized NPV of project B is ________. (See Table 11.12)
A) $11,673
B) $12,947
C) $38,227
D) $21,828
Correct Answer:
Verified
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