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You are considering the following two mutually exclusive projects. The required return on each project is 15 percent. Which project should you accept and what

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You are considering the following two mutually exclusive projects. The required return on each project is 15 percent. Which project should you accept and what is the best reason for that decision? Year Project A Project B 0 -$15,000 -$30,000 5,000 12,000 2 6,000 11,000 3 7,000 10,000 8,000 9,000 1 Select one: a. D. Project A; because it has the higher net present value b. C. Project B; because it has the higher internal rate of return c. A. Project A; because it pays back faster d. B. Project A; because it has the higher internal rate of return e. E. Project B; because it has the higher net present value

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