Question: Greener Global Engineering is considering two mutually exclusive projects for investment. The expected cash flows and the economic analysis for the two projects are summarized

Greener Global Engineering is considering two mutually exclusive projects for investment. The expected cash flows and the economic analysis for the two projects are summarized in the following table. The firm's minimum Acceptable Rate of Return MARR is 12%. Please advise which project should the firm undertake? Project A Project B 0 -375 -575 1 -300 190 2 -200 190 3 -100 190 4 600 190 5 600 190 6 926 190 7 -200 0 NPV $ 226.96 IRR 18.64% 23.92% Question 3 options: undertake project B, because the return rate IRR for project B is higher undertake project A, because the net present value of project A is higher. undertake project B, because the net present value for project B is positive undertake project B because the net present value of project B is higher

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