The annualized NPV of Project B is ________.
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.
A) $11,673
B) $12,947
C) $38,227
D) $21,828
D) $21,828
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