Project A has an NPV of $20,000 and a Pl of 1.2. Project B has an NPV of $10,000 and a Pl of 1.3. Both projects have equal lives. Which project should be preferred if we are NOT concerned with capital rationing (that is, we are NOT concerned with being short of funds)? O A. We should compute the EAA before we make any decision. O B. We should prefer Project B since it has a higher Pl O C. We should prefer Project A since it has a higher NPV O D. We should prefer Project B if it has a higher IRR