Suppose your required rate of return is 12% for the following mutually exclusive projects. Which of the following statements is true concerning projects A and B?

Year	Project A Cash Flow	Project B Cash Flow
0	-$32,400	-$14,400
1	9,600	4,200
2	9,600	4,200
3	9,600	4,200
4	8,400	3,600
5	8,400	3,600
6	6,000	3,600

Group of answer choices

Due to size disparity, IRR indicates that project B should be accepted and NPV indicates that project A should be accepted.

Due to time disparity, IRR indicates that project A should be accepted and NPV indicates that project B should be accepted.

Due to size disparity, IRR indicates that project A should be accepted and NPV indicates that project B should be accepted.

Both NPV and IRR lead to the same investment decision.

Due to time disparity, IRR indicates that project B should be accepted and NPV indicates that project A should be accepted.