Which one of these assertions about statemen 1 and statment 2 is true?

Project A would cost $53,000 today and have rhe following other expected cash flow: $17,000 in 1 yeae, $23,000 in 2 yeaes $14,000 in 3 years and $21,000 in 4 years. The cost of capital for project A ie 14.57%

Project B would cost $209,000 today and have the following orher expected cash flows: $98,000 in 1 year, $83,000 in 2 years,

$65,000 in 3 years and $27,000 in 4 years The cost of capirs for project B is 17.28%

Statment1: A would be accepeted based on the project internal rate of return (IRR) and the IRR rule.

Statement 2: B would be accepted based on rhe projects payback period and the paybqck rule if the payback threshold is 2.39 years

ne of the assertions about statement and statement is true? Pro and $21,000 in 4 years. The cost of capital for project Ais 1457 perce 500 in 3 years, and $27,000 in 4 years. The cost of capital for project B Fement 1: Project A would be accepted based on the projects internal tal zatement 2: Project B would be accepted based on the project's payback pe a. Statement is true and statement is true b. Statement is true and statement 2 is false C. Statement is false and statement is true d. Statement 1 is false and statement 2 is false