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Question 6 (1 point) Given the data on two mutually exclusive projects in the table below, which project should you accept? 0 1 2 3

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Question 6 (1 point) Given the data on two mutually exclusive projects in the table below, which project should you accept? 0 1 2 3 Cash flows: Project (A) (31,000) 10,000 17,000 22,000 Cash flows: Project (B) (25,000) 15,000 14,000 11,000 Hurdle rate = 8% NPV (A) = $10,298 NPV (B) - $9.624 IRR (A) = 23.35% IRR (B) - 29.45% Neither project is acceptable. Project B because it has a greater IRR. Project B because of its NPV. Project A because its has the greater NPV

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