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37 Corey is considering two projects both of which have an initial cost of $20,000 and total cash inflows of $25,000. The cash inflows of

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37 Corey is considering two projects both of which have an initial cost of $20,000 and total cash inflows of $25,000. The cash inflows of project A are $3,000, $5,000, S8,000, and $9.000 over the next four years, respectively. The cash inflows for project are $9.000, $8,000, $5,000, and $3,000 over the next four years, respectively. Which one of the following statements is correct if Corey requires a 10 % rate of return and has a required discounted payback period of 3 years? Joints 80001 Multiple Choice Project A should be rejected and project should be accepted Both projects should be rejected Both projects should be accepted points 8 Both projects should be accepted, 0102.59 O Project A should be accepted and project B should be rejected. You should be indifferent to accepting either or both projects

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