26 A firm is considering two projects of which it can only choose one. Project A has a net present value (NPV) of $1.6 million and an internal rate of return (IRR) of 16%. Project B has a net present value (NPV) of $1.8 million and an internal rate of return (IRR) of 13%. Which project should the firm choose? A. Project A. B. Project B. C. Neither Project A or Project B should be chosen.