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 -$50,022 -$37,611

1 $10,904 $7,377

2 $5,390 $8,742

3 $28,404 $36,518

4 $15,118 $15,496

The companys weighted average cost of capital is 19.8 percent (WACC = 19.8). 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

$3,400.03; Yes

$3,400.03; No

$3,200.03; Yes

$3,200.03; No

$3,600.03; No