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Given the data on two mutually exclusive projects in the table below, which project should you accept? Cash flows: Project (A) (31,000) 10,000 17,000 5,000

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Given the data on two mutually exclusive projects in the table below, which project should you accept? Cash flows: Project (A) (31,000) 10,000 17,000 5,000 Cash flows: Project (B) (25,000) 15,000 14,000 11,000 Hurdle rate-| , 8% NPV (A)- ($3,197 NPV (B) $9,624 IRR (A)-| 1.74% | IRR (B)-129.45% Neither project is acceptable. to Save

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