7. Consider the following two mutually exclusive projects: Year Cash Flow (A) 0 -$300,000 1 100,000 2 150,000 3 150,000 Cash Flow (B) -$60,000 20,000 40,000 40,000 Whichever project you choose, if any, you require a 10 percent return on your investment. a. If you apply the NPV criterion, which investment will you choose and why?(4 marks) b. If you apply the IRR criterion, which investment will you choose and why? (4 marks) c. Combined a and b together, which investment will you choose? (2 marks)