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

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Consider the following two projects: Year o Year 1 Year 2 Year 3 Year 4 Cash Project Flow Cash Flow Cash Flow Cash Flow Cash Discount Flow Rate A - 100 40 50 60 N/A .15 B -73 30 30 30 30 .15 Which of the following statements is correct? O You should accept project A since its IRR > 15%. O You should reject project B since its NPV > 0. Your should accept project A since its NPV

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