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You are considering two mutually exclusive projects. Project A has cash flows of -$88,000, $35,600, $48,900, and $39,400 for years 0 to 3. respectively. Project

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You are considering two mutually exclusive projects. Project A has cash flows of -$88,000, $35,600, $48,900, and $39,400 for years 0 to 3. respectively. Project B has cash flows of -$85,000, $35,000, $28,700, and $56,800 for years 0 to 3, respectively. Project A has a required return of 8 percent while Project B's required retum is 9 percent. Which project(s), if either, should you accept based on net present value? Select one: O a. Accept both projects O b. Reject Project A and accept Project B c. Accept either one, but not both d. Reject both projects e. Accept Project A and reject Project B

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