SEE -** ** rate of return calculations) You are considering two independent projects, Project A and Project B. The initial cash outlay associated with Project A is $54,000 and the initial cash outlay associated with Project B is $72,000. The discount rate on both projects is 11.9 percent. The expected annual cash flows from each project are as follows: Year 0 1 2 3 4 5 6 Project A $(54,000) 12,000 12,000 12,000 12,000 12,000 12,000 Project B $(72,000) 13,000 13,000 13,000 13,000 13,000 13,000 a. The NPV of Project Ais s (Round to the nearest cent.) The NPV of Project B is $]). (Round to the nearest cent.) b. The Pl of Project Ais I. (Round to two decimal places.) The PI of Project Bis (Round to two decimal places.) c. The IRR of Project A is % (Round to two decimal places.) The IRR of Project B is % (Round to two decimal places) d. Should the projects be accepted or not? (Select the best choice below.) O A. Only Project A should be accepted. Year 0 1 2. 3 4 5 6 Project A $(54,000) 12,000 12,000 12,000 12,000 12,000 12,000 Project B $(72,000) 13,000 13,000 13,000 13,000 13,000 13,000 b. The Pl of Project Ais (Round to two decimal places.) The Pl of Project B is (Round to two decimal places.) c. The IRR of Project A is %. (Round to two decimal places.) The IRR of Project B is %. (Round to two decimal places.) d. Should the projects be accepted or not? (Select the best choice below.) O A. Only Project A should be accepted. OB. Neither Project A nor Project B should be accepted. O C. Only Project B should be accepted. OD. Both Project A and Project B should be accepted