You are analyzing proposed projects and have compiled the following information:

WACC (Required Return): 10.00%

Year	0	1	2	3
Project A CFs	-$4,500,000	$1,000,000	$2,000,000	$3,000,000
Project B CFs	-$4,500,000	$2,000,000	$2,000,000	$2,000,000

Compute the IRRs of these projects? Would the company accept one or both projects based on the IRR criterion?

		Accept Project A only
		Accept Project B only
		Accept both Project A and Project B
		Reject both Project A and Project B