40. You are considering the following two mutually exclusive projects. The required return on each project is 16 percent. Which project should you accept and what is the best reason for that decision? Year Project A Project B 0 $10,000 $20,000 1 $8,000 $16,000 2. $4,000 $9,000 3 $3,000 $5,000 4 $9,000 $7,000 Project A; because it pays back faster Project A; because it has the higher internal rate of return O Project B; because it has the higher internal rate of return Project A; because it has the higher net present value Project B; because it has the higher net present value