Consider the following two mutually exclusive projects. The required rate of return is 11% for project A and 10% for project B. Which project should you accept and why? Year 0 1 2 3 Project B -$99,000 $54,400 $63,100 $ 0 A. project A; because its NPV is about $351 more than the NPV of project B B. project B; because its NPV is about $702 more than the NPV of project A C. project B; because its NPV is about $1386 more than the NPV of project B D. project A; because its IRR is about 14.2% Project A -$36,000 $13,800 $23,475 $ 8,775 E. project A; because both projects have NPVs ~ $2000, but project A has a higher expected return