A company needs to decide if it will move forward with two new products that it is evaluating.The two initiatives have the following cash flow projections:

Project A Year 0 1 2 3 4 Cash Flow -800,000 220,000 265,000 292,000 317,000

Project B Year 0 1 2 3 4 5 Cash Flow -650,000 175,000 175,000 175,000 175,000 175,000

Based on the risk of each project, the company has a required rate of return of 11% for Project A and 11.5% for Project B.The company has a $1.5 million budget to spend on new projects for the year.Should the company move forward with one, both, or neither of the two new products?Show your work to support your answer.