Question 13 10 pts Part 3 Next you attend an investment committee where your boss, the Chief Executive Office (CEO), and other executives meet to discuss capital budgeting. The investment committee reviews two projects that are mutually exclusive. The CEO notices that one project has a higher NPV and the other a higher IRR. The CEO wants your opinion on which project should be chosen: Project A Project B NPV +2,450,000 +1,230,000 IRR 9% 13% Neither project should be chosen because the discount rate (WACC) is likely higher than the IRRs. O NPV should be the deciding factor and project A should be chosen. IRR should be the deciding factor and project B should be chosen. Both projects should be chosen