A company needs to decide if it will move forward with two new products that it is evaluating. The two initiatives have the following cash flow projections:

	Project A
	Year	0	1	2	3	4
	Cash Flow	-800,000	220,000	265,000	292,000	317,000
	Project B
	Year	0	1	2	3	4	5
	Cash Flow	-650,000	175,000	175,000	175,000	175,000	175,000
	Based on the risk of each project, the company has a required rate of return of 11% for Project A and 11.5% for Project B. The company has a $1.5 million budget to spend on new projects for the year. Should the company move forward with one, both, or neither of the two new products? Show your work to support your answer.