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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

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 -$35,050 -$39,438
1 $9,037 $10,252
2 $8,836 $16,682
3 $46,828 $38,024
4 $18,255 $16,007
The companys weighted average cost of capital is 15.1 percent (WACC = 15.1). What is the
What is the net present value (NPV) of the project with the highest internal rate of return (IRR)?
Should that project be accepted?

Group of answer choices

$20,582.23; Yes

$18,582.23; Yes

$17,582.23; Yes

$20,582.23; No

$18,582.23; No

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