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Consider three independent projects: Project A, Project B and Project C. The IRR of these projects are given as: Project A 11% Project B 15%

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Consider three independent projects: Project A, Project B and Project C. The IRR of these projects are given as: Project A 11% Project B 15% Project 8% IRR All projects have normal cash flows. The cost of capital is 9%. Which of the following is correct? o Only Project A will be chosen O All three projects will be accepted. O Both Project A and Project B will be chosen o Only Project will be chosen. O No decision can be made with the given information

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