Given the data on two mutually exclusive projects in the table below, which project should you accept?

a) Neither project is accptable.

b) Project A because it has greater IRR.

c) Project B. It is the only acceptable project.

d) Project A because it has the greater NPV.

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)-53, 197) NPV (B) $9,624 IRR (A) = | 1.74% | IRR (B)-1 29.45%