A firm with unlimited funds must evaluate five projects. Projects $1$ and $2$ are independent and Projects $3,4,$ and $5$ are mutually exclusive. The projects are listed with their returns.

Project Status IRR $(\%)$

$1$ Independent $14$

$2$ Independent $12$

$3$ Mutually Exclusive $10$

$4$ Mutually Exclusive $15$

$5$ Mutually Exclusive $12$

A ranking of the projects on the basis of their returns from the best to the worst according to their acceptability to the firm would be:

a$.4,1,2$ or $5,$ and $3.$

b$.4,1,$ and $2.$

c$.3,2$ or $5,1,$ and $4.$

d$.4,1,5,$ and $3.$

A firm with unlimited funds must evaluate five projects. Projects $1$ and $2$ are

independent and Projects $3,4,$ and $5$ are mutually exclusive. The projects are

listed with their returns.

A ranking of the projects on the basis of their returns from the best to the worst

according to their acceptability to the firm would be:

a$.4,1,2$ or $5,$ and $3.$

b$.4,1,$ and $2.$

c$.3,2$ or $5,1,$ and $4.$

d$.4,1,5,$ and $3.$