13) You are considering two independent projects. The required return for both projects iS 13 percent. Project A has an initial cost of S139,600 and cash inflows of $48,200, $54,600, and S68,700 for Years 1 to 3, respectively. Project B has an initial cost of $94,200 and cash inflows of S67,600 and S41,200 for Years 1 and 2, respectively. Given this information, which one of the following statements is correct based on the NPV and IRR methods of analysis? A) You should accept both projects. B) You should accept Project A and reject Project B C) You should accept Project B and reject Project A. D) NPV indicates accept Project A while IRR indicates accepting Project B E) You should reject both projects. TBD 14) The sale of an asset creates an aftertax cash flow in an amount equal to the: A) Sales price Book value. C) Sale price - Tax rate A~ (Sales price-Book value). D) Sales priceTax rate A (Sales price - Book value E) Sales price/(1 - Tax rate) TBD