finance

Given the cash flows for the following two projects, which of the following is true assuming a discount rate of 8% Project A: Investment: $1,500, Cash flows for 3 years: $600, $850, $1,200. Project B: Investment $1,000 Cash flows for 3 years: $400, $600, $800 Project B has a higher NPV and a lower IRR The company should not invest in either because both are negative NPV investments O Project B has a higher NPV and a higher IRR O Project A has a higher NPV and a higher IRR O Project A has a higher NPV and a lower IRR