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(c) You are considering the following two mutually exclusive projects. The required rate of return is 14.6% for project A and 13.8% for project B.

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(c) You are considering the following two mutually exclusive projects. The required rate of return is 14.6% for project A and 13.8% for project B. Which decision criteria would you employ and why? Which project should you accept and why? (10 marks) Year 0 1 2 3 Project A -$50,000 24,800 36,200 21,000 Project B -$50,000 41,000 20,000 10,000

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