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Consider two projects, A and B where Project A has an IRR of 11% and Project has an IRR of 18%. Both projects have normal

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Consider two projects, A and B where Project A has an IRR of 11% and Project has an IRR of 18%. Both projects have normal cash flows e a cash outflow in year O followed by cash inflows for all other years of the project) and the appropriate cost of capital for both projects is 14%. Which of the following statements is correct? 1) The NPV of Project B is greater than the NPV of Project A 2) Both projects have a negative NPV. 3) The NPV of Project A is greater than the NPV of Project B. 4) Both projects have a positive NPV

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