F C of F C Company is evaluating two mutually exclusive projects (expected cash flows shown below). The firm's cost of capital is 11%. Year Project A Project B 0 (600) (600) 1 200 400 2 310 260 3 400 100 NPV? _____ _____ IRR? _____ _____ Calculate the NPV and IRRs for Projects A and B. A. Project A's NPV is 124.26 and Project B's NPV is 89.52 B. Project A's NPV is 116.04 and Project B's NPV is 44.5013 C. Project A's IRR is 20.94 percent and Project B's IRR is 21.70 percent D. Project A's IRR is 21.27 percent and Project B's IRR is 16.27 percent