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Given the following two mutually exclusive projects with the required return on each project of 15%, which project should you accept and why? Project A

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Given the following two mutually exclusive projects with the required return on each project of 15%, which project should you accept and why? Project A Project B Year 0 -$15,000 $30,000 Year 1 $5,000 $12,000 Year 2 $ 6,000 $11,000 Year 3 $ 7,000 $10,000 Year 4 S 8,000 S 9,000 A Project A; because it has the higher internal rate of return B. Project A; because it pays back faster C. Project B; because it has the higher internal rate of return D. Project B; because it has the higher net present value E. Project A; because it has the higher net present value

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