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 Cash Flow

0 -800,000

1 220,000

2 265,000

3 292,000

4 317,000

Project B

Year Cash Flow

0 -650,000

1 175,000

2 175,000

3 175,000

4 175,000

5 175,000

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? Please explain below