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

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Consider three mutually exclusive projects: Project A, Project B and Project C. The IRR of these projects are given as: Project A 11% Project B 15% Project C 18% IRR All projects have normal cash flows.The cost of capital is 9%. Which of the following is correct? o Only Project B will be chosen. O All three projects will be accepted. No decision can be made with the given information. O Both Project A and Project B will be chosen. o Only Project A will be chosen

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