Consider the cash flows of two mutually exclusive projects given below. The internal rate of return of Project A is 15.54% and the internal rate of return of Project B is 14.20%. If thecost of capitalfor both projects is 10.00% compounded annually, then which of these projects, if any, should be accepted?

Year	Project A Cash Flows	Project B Cash Flows
0	-$50,000	-$100,000
1	20,000	60,000
2	22,000	40,000
3	25,000	25,000

A.Project A based on the internal rate of returnB.Project B based on the internal rate of returnC.Project A based on the net present valueD.Project B based on the net present valueE.neither Project A nor Project B