question 17 You are going to choose between two investments A and B. Both cost $80,000, but investment A pays $35,000 a year for four years while investment B pays $30,000 a year for five years. If your required return is 13%, which should you choose? : A, because the pays back sooner.

B, because the IRR exceeds 13%.

B, because the project has a higher IRR.

B, because it has a higher NPV.