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Two mutually exclusive projects have 3-year lives and a required rate of return of 10.5 percent. Project A costs $75,000 and has cash flows of

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Two mutually exclusive projects have 3-year lives and a required rate of return of 10.5 percent. Project A costs $75,000 and has cash flows of $18,500, $42,900, and $28,600 for Years 1 to 3, Years 1 to 3, respectively. Using the IRR, which project, or projects, if either, should be accepted O accept both projects O accept Project A and reject Project EB. O select either project as there is no significant difference between them O reject both projects O accept Project B and reject Project A

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