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Projects A and B are independent. Project A has an IRR of 14.1% and Project B has an IRR of 12.5%. The crossover rate for

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Projects A and B are independent. Project A has an IRR of 14.1% and Project B has an IRR of 12.5%. The crossover rate for Projects A and B is 8.5%. The required rate of return for both projects is 11.7% Which one of the following statements is correct? O a. Accept Project B and reject Project A O b. Insufficient information, need to know their NPVs. O c. Accept both projects O d. Reject both projects O e. Accept Project A and reject Project B

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