YEAR 0 1 PROJECT A -50,000 23,700 21,700 19,200 14,300 2 3 PROJECT B -353,000 42,000 62,000 62,000 500,000 4 You consider two mutually exclusive projects whose cash flows are given above Required returi 16%which project should be accepted and why? Project should be accepted since Project Bhas higher IRR Project should be accepted since required return is greater than the crossover point Project A should be accepted since NPV of Project is higher than NPV of Project Project A should be accepted since required return is less than the crossover point and at the required rate NPV of Project Als higher than NPV of Project Project B should be accepted since required return is less than the crossover point and for the required return NPV of Project is higher than NPV of Project A