Green Grocers is deciding among two mutually exclusive projects. The two projects have the following cash flows:

Year Project A CF Project B CF

0 -$54,419 -$26,295

1 $10,322 $7,286

2 $9,392 $16,817

3 $21,091 $28,094

4 $15,933 $17,066

The companys weighted average cost of capital is 11.3 percent (WACC = 11.3).

What is the net present value (NPV) of the project with the highest internal rate of return (IRR)?

Should that project be accepted?

$25,324.46; Yes

$27,324.46; Yes

$27,324.46; No

$29,324.46; Yes

$23,324.46; No