Consider the capital budgeting decision to be made with the following data about 2 competing projects Project A has an NPV of 512 500, and IRR of 10% and a payback period of 3 years. Project B has an NPV of 512 000, but an IRR of 13% and a payback period of 2 years 10 months. Which projects would be chosen on a mutually exclusive back Select one: a Project b. Project c Project A and Project B d. Neither Project A nor Project