Time O 1 2 3 Investment - 3million 900,000 1,200,000 1,500,000 A Investment -3million 1.500.000 1,200,000 900,000 B An investor is considering the two investments shown above. Her cost of capital is 8%. Which of the following statements about these investments is true? Hint: Base your answer both on the calculations and on your theoretical knowledge about methods for choosing investments. The investor should take investment A since it has a greater net present value (NPV). The investor should take investment A since it has a greater internal rate of return (IRR). The investor should take investment B since it has a shorter Payback Period The investor should take investment B since it has a greater net present value (NPV)