Smythe Company is considering the following 5 capital budgeting projects. The cost of capital for all projects is 14%. Project Initial Cost NPV IRR PI 10% 0.96 1.33 B 18% $1,000,000 $400,000 $10,000 $2,500,000 $8,350,000 ($650,000) $113,000 $2,500 $20 $515,000 21% 1.52 D 15% 1.01 E 17% 1.44 If the projects are MUTUALLY EXCLUSIVE, which project(s) should Smythe accept? (Note: it is possible that more than one project should be accepted. You must check all that apply to receive credit - this is an all or nothing question. That is, if they should accept projects A and B and you check only A or only B or if you also check your answer will be marked wrong) Project A O Project B Project Project D Project E