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A manager has gathered the following data about two projects a firm is considering, each with a 12% required rate of return. Criterion NPV IRR

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A manager has gathered the following data about two projects a firm is considering, each with a 12% required rate of return. Criterion NPV IRR PBP Project A $ 3.024 19.86% 3 years Project B $2,780 11.45% 2.67 years If the projects are independent, according to NPV, the manager should A. accept Project A and reject Project B B. accept Project B and reject Project A c.accept both projects D. reject both projects

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