Kenner Company Is Considering Two Projects

Kenner Company is considering two projects.

Present value of an Annuity of $1 in Arrears


- Suppose that Kenner Company requires a minimum rate of return of 8%.Which project is better in terms of net present value?

A) project A with NPV of $10,585
B) project B with NPV of $7,756
C) project A with NPV of $4,210
D) project B with NPV of $1,212
E) both projects have the same NPV