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ComFoods Inc. has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $43,500 -$43,500 1,600 6,300 2 20,500 15,200

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ComFoods Inc. has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $43,500 -$43,500 1,600 6,300 2 20,500 15,200 3 90023,700 4 7,700 27,600 If the required return of each project is 11 percent, which of the projects should the company choose? A. Project B because it has the higher IRR B. Project A because it has the higher IRR C. Project B because it has the higher NPV D. Project A because it has the higher NPV

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