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of 32 Given the following cash flows for two mutually exclusive projects A and B, which of the statement is correct? I t project A

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of 32 Given the following cash flows for two mutually exclusive projects A and B, which of the statement is correct? I t project A project B 0 30,000 -25,000 1 4,500 3,500 2 14,500 14,500 3 2,300 1500 4 22,000 18,000 Select one: O a Select project A when the discount rate k is less than 13.57%. O b. Select project A when the discount rate k is less than 4.58% O c. Always select project B because it has a greater IRR. d. Select project B when the discount rate k is greater than 4.58% alont princt when the discount rate k is greater than 13.57%

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