A company estimates that its WACC is 10 percent. Which of the following independent projects should the company accept?

a. Project A requires an upfront expenditure of $1,000,000 and generates an NPV of $3,000

b. Project B has a modified internal rate of return of 9.5%.

c. Project C requires an upfront expenditure of $1,000,000 and generates an IRR of 9.7%

d. Project D has an IRR of 9.5%

e. None of the projects above should be accepted.