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Your company has extra cash which it would like to use to invest into something...

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Finance

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Your company has extra cash which it would like to use to invest into something new and profitable. There are two independent projects under consideration. - Project \#1 will require an initial investment of $860, and the present value of all of its future estimated profits is $956. - Project \#2 will require an initial investment of $710, and the present value of all of its future estimated profits is $800. Based on this information, answer the following questions. Do NOT type the "\$" signs, and round your answers to whole dollars. Where applicable, don't forget the minus signs! (a) For Project \#1, the Net Present Value equals $ (b) For Project \#2, the Net Present Value equals $ (c) Based on the Net Present Values, your company should Project \#1 and Project \#2. (In each field, type accept or reject.)

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