Question: 4. You are considering the following two mutually exclusive projects. The required return on each project is 11 percent. Which project should you accept and

4. You are considering the following two mutually exclusive projects. The

4. You are considering the following two mutually exclusive projects. The required return on each project is 11 percent. Which project should you accept and what is the best reason for that decision? Show your steps Year 0 Year 1 Year 2 Year 3 Year 4 Project A -$15,000 $9,000 $ 8,000 $5,000 $ 4,000 Project B -$15,000 $ 3,000 $5,000 $ 9,000 $11,000 a. Project A; because it pays back faster b. Project A; because it has the higher profitability index c. Project B; because it has the higher profitability index d. Project A; because it has the higher net present value e. I'll select both projects; because they have positive net present value

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