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You are considering the following two mutually exclusive projects. The required rate of return is 11.25% for project A and 10.75% for project B. Which

You are considering the following two mutually exclusive projects. The required rate of return is 11.25% for project A and 10.75% for project B. Which project should you accept? Show work please.

Project A Project B

year year

0 -$48,000 0 -$126,000

1 $18,400 1 $69,700

2 $31,300 2 $80,900

3 $11,700 3 $0

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