问题如下:
3. Of the two grinders that the Dominion Company is evaluating, Böhm should recommend the:
选项:
A.Bolten grinder because its NPV is higher than the Pinto grinder NPV.
B.Bolten grinder because its EAA is higher than the Pinto grinder EAA.
C.Pinto grinder because its EAA is higher than the Bolten grinder EAA.
解释:
C is correct.
Because the mutually exclusive projects have unequal lives, the EAA should be used instead of the NPV. The NPV and EAA for the Pinto grinder are correct. For the Bolten grinder, the NPV is
To find the Bolten EAA, take the NPV for Bolten and annualize it for four years (N = 4, PV = 37,644, and i = 10%). The Bolten EAA is $11,876. Consequently, the Pinto grinder has the better EAA of $12,341.
第一步:计算出 PINTO的NPV=30691,Bolton的NPV为37643;
第二步:将NPV=PV时,计算出各自的PMT为:PMT(PINTO)=-12341 ,PMT(BOLTON)=-11875,
第三步:由于PMT为负数,所以代表cost,选绝对值小的,代表成本支出小
请问哪错了?应该怎么做