17. Project A has an NPV of $8,284.88 (i.e., positive $8,284.88 ) and Project B has an NPV of $4,371,25 (i.e., positive $4,371,25 ). Both projects have normal (standard) cash flows and WACC for both projects is 14%. Which of the following statements is correct? (There may be more than one correct answer listed below; choose all that apply - this is an "all or nothing" question). a. Project A must have a higher IRR than Project B. b. Project B must have a higher IRR than Project A. c. Both projects have a negative IRR. d. Both projects have IRR greater than 14\%, e. Both projects have IRR less than 14%. 12. Assume that you have the following information on a project: - The project will yield cash flows of $2000 per year forever, with the first cash flow occurring one year from today. - The NPV of this project is $1000. - The required rate of return is 14.00%. What is the IRR (rounded to 2 decimal places) of this project? a. 19.71% b. 8.34% c. 15.05% d. 12.73% e. None of the answers listed above is within 0.10 points of the correct