Mckenzi Construction Co. is trying to choose between two mutually exclusive projects below: Year 0 1 2 3 4. Project Bricks $-375,000 $110,000 Project Plywood $-375,000 $95,000 $95,000 $ 89,000 $95,000 $ 85,000 $95,000 $ 120,000 a. The NPV of Project Plywood is while that of Project Bricks is if the company's required return is 5%. Please enter the number only (in dollars) and round your answers to 2 decimal places, e.g., 32.16. b. I will select Please write the full name. based on the NPV values: Project Plywood vs. Project Bricks.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 10P: Project S has a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per year...
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Mckenzi Construction Co. is trying to choose between two mutually exclusive projects below:
Year
0
1
2
3
4.
Project Bricks
$-375,000
$110,000
Project Plywood
$-375,000
$95,000
$95,000
$ 89,000
$95,000
$ 85,000
$95,000
$ 120,000
a. The NPV of Project Plywood is
while that of Project Bricks is
if the company's required return is 5%. Please enter the number only (in dollars)
and round your answers to 2 decimal places, e.g., 32.16.
b. I will select
Please write the full name.
based on the NPV values: Project Plywood vs. Project Bricks.
Transcribed Image Text:Mckenzi Construction Co. is trying to choose between two mutually exclusive projects below: Year 0 1 2 3 4. Project Bricks $-375,000 $110,000 Project Plywood $-375,000 $95,000 $95,000 $ 89,000 $95,000 $ 85,000 $95,000 $ 120,000 a. The NPV of Project Plywood is while that of Project Bricks is if the company's required return is 5%. Please enter the number only (in dollars) and round your answers to 2 decimal places, e.g., 32.16. b. I will select Please write the full name. based on the NPV values: Project Plywood vs. Project Bricks.
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