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Question 11 1 point Which assertion about statement 1 and statement 2 is true? Project A would cost 23,317 dollars today and have the following

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Question 11 1 point Which assertion about statement 1 and statement 2 is true? Project A would cost 23,317 dollars today and have the following other expected cash flows: 1,539 dollars in 1 year 4,553 dollars in 2 years, and 27,835 dollars in 4 years. The cost of capital for project A is 9.48 percent. Project B would cost 70,000 dollars today and have the following other expected cash flows: 22,300 dollars in 1 year, 21,400 dollars in 2 years, 38,676 in 3 years, and 8,465 dollars in 4 years. The cost of capital for project B is 12.55 percent Statement 1: Project A wou ld be accepted based on the project's net present value (NPV) and the NPV rule Statement 2: Project B would be accepted based on the project's payback period and the payback rule if the payback threshold is 2.7 years Statement 1 is true and statement 2 is true Statement 1 is false and statement 2 is false Statement 1 is false and statement 2 is true Statement 1 is true and statement 2 is false

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