A company has the following investment alternatives. The cash flows are shown below. Year Project A Project B 0 -$2,000 -$2,000 1 900 1,100 2 800 800 3 700 500 Which project(s) should the company select if the cost of capital is 11%?

Project A with an IRR of 12.37%

Project B with an IRR of 17.69%

Project A with an IRR of 10.16%

Project B with an IRR of 11.19%

Both project A and project B