The initial investment is $65,697.83 for a four-year project. The cost of capital is 6%. Expected cash flows over the next four years are given below: What is the DPB of the project? 2.9 years 2.7 years 3.1 years 3.0 years 2.5 years Consider three mutually exclusive projects: Project A, Project B and Project C. The IRR of these projects are given as: Which of the following is correct? both Project A and B will be chosen. no decision can be made. only Project C will be chosen. all three projects will be rejected. all three projects will be chosen