1 - Capital Budgeting 1 0 Thomas Lamb: Attempt 1 1s Given the data on two mutually exclusive projects in the table below, which project should you accept? s saved Cash flows: Project (A) (20,000) 10,000 17.000 11,000 ash flows: Project (B) (25,000) 15,000 14,000 15,000 Hurdle rate =l 5% NPV (A)$14,446 NPV (B) =$14.942 IRR (A)-39.33% IRR (B)-| 34.67%) Neither project is acceptable. Project A because it has a greater IRR. Project B. It is the only acceptable project. Project B because its has the greater NPV ing to Save oe