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Charlie's Chocolates is analyzing two mutually exclusive projects Milk and Super Dark with the following cash flows Project MILK Project SUPER DARK 0 - 2

Charlie's Chocolates is analyzing two mutually exclusive projects Milk and Super Dark with the following cash flows
Project MILK Project SUPER DARK
0-20000-18000
11100012000
260008000
375002000
If Charlie's Chocolates has a cost of capital is 10.125%, which project(s) should the company accept?
Question 12 options:
Neither because the company only has $35,000 available for capital budgeting projects and neither has an NPV higher than this level.
Super Dark because its NPV is $990.80.
Both because they both have a positive NPV.
Milk because it has a positive NPV.

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