The XYZ company has projects A and B, and these are mutually exclusive projects.

Project A has a net present value (NPV) of +$500,000 and an internal rate of return (IRR) of 16%.

Project B has a net present value (NPV) of +$240,000 and an internal rate of return (IRR) of 24%.

The correct decision for the company is to _____.

a)accept only project A

b)accept only project B

c)accept project A and accept project B

d)reject project A and reject project B