Year

0
1
2
3
4

Investment A Investment B
-100
-100
50
20
40
40
40
50
30
60
24%

21%

80
70
60
50

Discount Rate
0
0.05
0.1
0.15
0.2
0.25

NPV(A)

NPV(B)
$60.00
$43.13
$29.06
$17.18
$7.06
($1.63)

$70.00
$47.88
$29.79
$14.82
$2.31
($8.22)

40
30
20
10
0
1
-10
-20

Discount Rate
NPV(A)
NPV(B)