Question 14 YEAR 0 1 2 3 PROJECT A -50,000 23,700 21,700 19,200 14,300 PROJECT B -353,000 42,000 62,000 62,000 500,000 You consider two mutually exclusive projects whose cash flows are given above. Required return is 16%. Which project should be accepted and why? Project B should be accepted since required return is greater than the cross-over point. Project A should be accepted since NPV for Project A is higher than NPV for Project 8. e Project should be accepted since required return is less than the crossover point and NPV for Project B is higher than NPV for Project A e Project 8 should be accepted since Project B has higher IRR. o Project A should be accepted since required return is less than the cross point and Nev for project is higher than NPV for Project B