The Bolster Company is considering two independent projects and each project has a required return of 12%. Cash Flow A Year 0 Cash Flow B -$100,000 0 1 on 2 0 -$100,000 31,250 31,250 31,250 31,250 31,250 3 0 4 0 200,000 5 Which project(s) should the firm accept if the firm has a strict 4-year payback period? Select one: O a. Accept neither project O b. Accept only Project B O c. Accept only Project A O d. Accept both projects Brewer's Coffeehouse Inc. has a new project (independent of any other projects) with an internal rate of return of 15%. The firm's required return on this project is 12%. Which of the following is True? O The project should be accepted because the IRR is greater than the required return. O The NPV of the project could be either positive or negative. We have no way to make any accept/reject decision regarding this project based on the provided information The NPV accept/reject decision may be different than the IRR accept/reject decision because this is an independent project