The cashflow at each year of Project A is 3.14 times of the cashflows of Project B with the same lifetime, as shown in the table, which of the following statements is correct Year Cash flows of A Cash flows of B 1 -X -3.14X 2 X 3.14X 3 X 3.14X

Select one: a. The IRR of the project B is equal to the IRR of the project A b. Insufficient data given c. The IRR of the project B is less than the IRR of the project A d. The IRR of the project B is greater than the IRR of the project A