You are considering two mutually exclusive investment opportunities: Year 0 Year 1 Year 2 Discount Project Cash Flow Cash Flow Cash Flow Rate A -$29,000 $35,000 $10,000 8% B -$210,000 $30,000 $290,000 9% With the given annual cash flow schedule, what are the NPVs of project A and project B? A. NPV for Project A: $15,632.2; NPV for Project B: $50,928.2 B. NPV for Project A: $19,980.8; NPV for Project B: $31,610.1 C. NPV for Project A: $22,632.2; NPV for Project B: $20,928.2 D. NPV for Project A: $11,980.8; NPV for Project B: $61,610.1 Use the information provided in Q8: What are the IRRs of project A and project B? A. IRR for Project A: 25.5%; IRR for Project B: 35.5% B. IRR for Project A: 44.54%; IRR for Project B: 24.87% C. IRR for Project A: 37.15%; IRR for Project B: 21.87% D. IRR for Project A: 32.19%; IRR for Project B: 44.74% Based on your answers for Q8 and 29, which project should you choose? Why? A. invest in project B, since IRR of Project B > IRR of Project A B. invest in project B, since NPV of Project B > NPV of Project A C. invest in project A, since NPV of Project B 0 E. invest in project A, since NPV of Project A> 0