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The figure below shows the NPV profile for two investment projects. NPV Project 1 Project 2 $0 Discount rate 12% 14% 18 % If the

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The figure below shows the NPV profile for two investment projects. NPV Project 1 Project 2 $0 Discount rate 12% 14% 18 % If the annual required return (discount rate) is 20 %, and the two projects are independent, which project(s) should be accepted? A. Project 1 B. Project 2 C. Both project 1 and project 2 D. Neither project

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