MC Qu. 22 Project A has an initial cost of Project A has an initial cost of $628,000 and Project B has an initial cost of $894,000. Both projects have a positive NPV. Which one of these would be your best next step to determine which project to accept assuming the projects are mutually exclusive? Multiple Choice Compute the discounted payback for both projects and select the project with the shortest payback period Compute the IRR for each project and select the project with the higher IRR value Compute the AAR for both projects and accept the project with the higher AAR value Compute the Pl of both projects and select the project with the lower Pl value Compute the IRR on the differences obtained by subtracting Project A's cosh flows from those of Project tB