Projects $"$A$"$ and $"$B$"$ are mutually exclusive. Their NPV profiles are presented below.

Given the indicated "cost of capital," which of the answers given below is correct?

NPV

cost of capital

Discount Rate

Project B should be selected because IRR B $>$IRR A and both IRRs exceed the

cost of capital.

Project B should be selected because its NPV always exceeds that of A$.$

Project B should be selected since at the indicated cost of capital, it has a

greater NPV$.$

Both should be selected since they both have IRRs greater than the cost of

capital.

Neither should be selected since they are "mutually exclusive."