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Without Excel Hardchoice Corp. is a firm considering prospective capital budgeting projects. Selected data on the projects follow: 4. Consider only projects A and B

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Hardchoice Corp. is a firm considering prospective capital budgeting projects. Selected data on the projects follow: 4. Consider only projects A and B by examining the incremental project cash flows B-A. They are mutually exclusive opportunities. If the IRR BBA=12% and the discount rate is 15% then what is your decision? (A) Since IRR RBARRR then since the incremental project is a financed project, we should Accept Project B over A. (C) Since IRR RBARRR then since the incremental project is an investment project, we should Accept Project B over A. (E) None of the above are true

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