$11.$ You are considering the following two mutually exclusive projects. The required rate of return is $11$ percent for project A and $9\mathrm{.}5$ percent for project B$.$ Which project should you accept and why?

Year Project A Project B

$0-30,000-30,000$

$123,00028,000$

$224,00026,000$

$322,00012,500$

A$.$ project A; because it has the higher required rate of return

B$.$ project A; because its NPV is about $$4,900$ more than the NPV of project B

C$.$ project B; because it has the largest total cash inflow

D$.$ project B; because it has a shorter payback period

E$.$ project B; because it has the lower required rate of return