International Development homework help. A firm is evaluating two projects that are mutually exclusive with initial investments and cash flows as follows:Project A:Initial Investment = $40,000EOY cash flows for years 1-3 are $20,000 eachProject B:Initial Investment = $90,000EOY cash flows for years 1-3 are $40,000, $40,000, and $80,000 respectively.The required rate of return is 15%. Using NPV, which project is recommended? Or both? Why?

International Development homework help