Green Grocers is deciding among two mutually exclusive projects. The two projects have the following cash flows:

Year Project A CF Project B CF

0 -$54,419 -$26,295

1 $10,322 $7,286

2 $9,392 $16,817

3 $21,091 $28,094

4 $15,933 $17,066

The companys weighted average cost of capital is 11.3 percent (WACC = 11.3). What is the

What is the net present value (NPV) of the project with the highest internal rate of return (IRR)?

Should that project be accepted?

Group of answer choices

a. $23,324.46; No

b. $27,324.46; No

c. $29,324.46; Yes

d. $27,324.46; Yes

e. $25,324.46; Yes