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Consider the following two projects: Project Year0 Year 1 Year 2 Year 3 Year 4 Discount Cash Flow Cash Flow Cash Flow Cash Flow Cash

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Consider the following two projects: Project Year0 Year 1 Year 2 Year 3 Year 4 Discount Cash Flow Cash Flow Cash Flow Cash Flow Cash Flow Rate 0.14 0.14 100 -73 40 30 50 30 60 30 NIA 30 Assume that projects A and B are mutually exclusive. The correct investment decision and the best rationale for that decision is to 0 A. invest in project B, since NPV > NPV O B. invest in project A, since NPVA>0 O c. invest in project B, since IRR- > IRR O D. invest in project A, since NPV

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