your company is considering too mutually exclusive projects A and B were costs and cash flows are shown below the projects are equal risky and the capital is 11% choose the correct recommendations

WACC	11.00 %
Year	0	1	2	3	4
Cash Flow A	- 3100	960	1080	1200	1440
Cash Flow B	- 2500	800	900	1000	1200

a) Since the NPV and IRR of project A are both higher than the NPV and the IRR of project B, then Project A is recommended

b) Since the NPV and IRR of project B are both higher than the NPV and the IRR of project A, Project B is recommended

c) The two projects have about the same NPV, but since the IRR of project A is materially higher than the IRR of project B, project A is recommended

d) The two projects have about the same NPV, but since the IRR of project B is materially higher than the IRR of project A Project B is recommended