You have calculated the NPV and IRR for two investment projects based on the costs and cash flows, but you can only select the best one to choose between project A, and Project B. Based on the following data, which one will you select, and why?

Project A Project B

NPV: $10,000 $9,000

IRR: 9 % 12%

PART B:

If you invested in every stock listed on the New York Stock Exchange, would you be fully diversified? Would you have eliminated all of the risks? Explain.

You must provide any in-text citations as per the APA guide. Failure to comply with the APA standard will cause a reduction in your grade.