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A firm is evaluating two independent projects Project A , has a cost of $ 1 0 , 0 0 0 and will generate 2

A firm is evaluating two independent projects Project A, has a cost of $10,000 and will generate 20,000 in
year 1 and 15,000 in year 2. Project B has a cost of $50,000 and will generate 70,000 in year 1 and 5,000
in year 2. The company wants a return of 16%. Which project would it choose?
A. accept both
B. reject both
C. accept A only
D. accept B only
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