XYZ Company is trying to decide between the following two independent capital budgeting projects. Project \#3 Using a required rate of return of WACC =10%, the projects have the following NPV and IRR. \begin{tabular}{lll} Project #3 & NPV =$1,456.51 & IRR =58.36% \\ Project #4 & NPV =$838.21 & IRR =62.79% \end{tabular} Which of the following statements is true of these two independent projects? A. Project \#3 should be accepted because of its higher NPV. B. Project \#3 should be accepted because of its higher IRR. C. Project \#4 should be accepted because of its higher NPV. D. Project \#4 should be accepted because of its higher IRR. E. Both projects should be accepted