Question 6 1 pts Alternative projects, M and N, have been evaluated and the following results found: Project M Project N 3.1 years 3.5 years Payback period Accounting rate of return Net present value 17% 385,000 21% 481,000 Which of the following is the most valid reason for choosing to undertake project N? Project N will give rise to greater cash flows than project M. Project N will yield the highest NPV. Project N has a longer payback period than project M Project N will yield the highest accounting rate of return