16. CF plc has the following 4 projects cash flows in Em. The NPV is calculated at the discount rate of 8%: Year 0 Year 1 NPV Project A - 1 3 + 1.77 Project B 3 4 + 0.70 Project C - 2 5 + 2.62 Project D - 4 6 + 1.55 By using the NPV criteria the ranking should be C, A, D and B. How the projects should be ranked if we use the benefit-cost ratio instead? A. B, A, D and C B. D, C, A and B C. A, C, D and B D. NPV and Benefit-cost ranking are the same