J & J it's considering the following projects Projects A B C CASH FLOWS YEARS 1 11,000 12,000 14,000 2 12,000 12,000 13,000 3 14,000 12,000 12,000 4 17,000 12,000 11,000 J & J use NPV to Capital Budgeting Analysis: If the projects are independents or non mutually exclusive and the initial investment is $40,500 for each project. Which project(s) should J & J would accept if cost of capital is 10% .

Select one:

A & C

B

A & B

ALL PROJECTS

A

C

B & C