Net present value (NPV) Internal rate of return (IRR) Profitability index (PI) Project A $2,000 15% 1.2 Project B $1,500 25% 1.5 Information on two mutually exclusive projects is provided in the table below: Which of the following statements regarding which project(s) to take is (are) correct? Take both projects since both have positive net present values (NPV) Take only project B since it has the highest IRR Take only project A since it has the highest NPV Take project B because it has higher IRR and has higher profitability index (PI)