问题
单项选择题
An analyst has gathered the following data about a company with a 12 percent cost of capital:
| Project A | Project B | |
| Cost | $15000 | $ 25000 |
| Life | 5 years | 5 years |
| Cash inflows | $ 5000/year | $ 7500/year |
A. Reject A, Reject B.
B. Accept A, Reject B.
C. Reject A, Accept B.
答案
参考答案：B
解析：
For mutually exclusive projects accept the project with the highest NPV. In this example the NPV for Project A (3024) is higher than the NPV of Project B (2036). Therefore accept Project A and reject Project B.