Below is the information gathered on four possible alternative designs.

Project Initial Investment PV of Inflows at 20%

A $3,000,000 $3,050,000

B 9,000,000 9,320,000

C 1,000,000 1,060,000

D 7,000,000 7,350,000

Using the NPV criteria, which two product lines would you recommend if the companys discount rate is 20%? Project A and D

Projects A and B

Projects B and C

Projects A and C

Projects B and D