hannah joyner is choosing between two mutually exclusive projects with unequal lives that have the following cash flows and a cost of capital of 11%. which of the following is most correct?

project a : year 0 year 1 year 2 year 3 year 4

(8000) 1500 3000 5500 7000

project b : year 0 year 1 year 2

(8000) 3300 8930

a. You will need to double the NPV of Project B before you compare it to the NPV of Project A in order to make an accurate comparison

b. Project B should be chosen since its profit per year is 142.96 higher than Project A's profit per year

c. Since the projects have equal size but different lengths of life, you should use MIRR to decide between the projects

d. If you compare NPV of A against NPV of B to decide between projects, you are assuming that the manager of B will lose money in the 3rd and 4th years since it doesn't make anything to cover the cost of capital

e. None of the above