Winters Co. is evaluating the following independent projects.The manager has determined the appropriate discount rate is 5% for all of the recommended projects.Rank order the projects based on the internal rate of return.

Year Project A Project B Project C

0 -1800 -2500 -3300

1 600 600 1350

2 600 400 1200

3 600 800 1100

4 600 1600 500

A) B,A,C

B) A,C,B

C) B,C,A

D) C,A,B