8. Project A has an NPV of $20,000 and Pl of 1.2. Project B has an NPV of $10,000 and a Pl of 1.3. Both projects have equal lives. Which project or projects should be accepted, if we are not concerned with capital rationing (that is, we are not concerned about being short of funds). a. We should select only project A since it has a higher NPV b. We should accept both project A and project B c. We should accept only project B since it has a higher Pl d. We should accept only project B if it has a higher IRR