om is considering two independent projects with the same discount rate of $11$ percent. Project A costs $$284,700$ and has cash flows of $$75,900,$ $$106,400,$ and $$159,800$ for Years $1$ to $3,$ respectively. Project B costs $$115,000,$ and has a cash flow of $$50,000$ a year for Years $1$ to $3.$ You have sufficient funds to finance any decision you make. Which project or projects, if either, should you accept and why?

Group of answer choices

Project B; because its IRR exceeds the discount rate

Project A; because it has the larger NPV

both projects; because their NPVs are both positive

Project A; because it is the larger$-$sized project with a positive IRR

neither project; because their NPVs are less than their initial costs