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VMK Inc. is considering two projects. Assuming that Projects Apple3 and Banana4 are mutually exclusive, which recommendation may be the most reasonable for a person

VMK Inc. is considering two projects. Assuming that Projects Apple3 and Banana4 are mutually exclusive, which recommendation may be the most reasonable for a person trained in Finance if the WACC is 7%? Project Apple3 Banana4 NPV IRR Payback Period $9.5 million 6.65% 3.9 years $8.8 million 7.13% 4.1 years a. Accept Project Apple3 because of the higher Net Present Value Figures. O b. Accept both as long as their NPVs are positive. c. Accept Project Apple3 because of the IRR and the shorter Payback period. O d. Accept Project Banana4 because of the highest IRR and positive NPV Oe. Accept Project Banana4 because of the highest IRR that is greater than the WACC

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