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Within the context of time disparity, consider the initial investments, cash inflows, IRR, and NPV and PI (assuming RRR of 10% ) of the following

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Within the context of time disparity, consider the initial investments, cash inflows, IRR, and NPV and PI (assuming RRR of 10% ) of the following two mutually exclusive projects A and B with two substantially different patterns of cash inflows CFt. Which one of the following statements is correct? Select one: a. Project A should be selected because the two projects are mutually exclusive projects and project A has the highest NPV. b. Project A should be selected based on PI. c. Project B should be selected based on IRR. d. Neither project A nor project B should be selected

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