Cerlice Ltd. is evaluating two mutually exclusive projects with the cash flows shown below. The required rate of return on projects of both of their risk class is 10 percent. Time Project A Cash Flow Project B Cash Flow 1 2 3 -27,000 17,000 37,000 8,000 -37,000 17,000 27,000 57,000 Use the PI decision rule to evaluate these projects; which one(s) should it be accepted or rejected? Multiple Choice Accept neither A nor B Accept both A and B Accept A, reject B Reject A, accept B