Question: Project NPV IRR A $2,162 16% B $3,152 18% Two independent projects have the above information. If the firms WACC is 14%, then which project

Project

NPV

IRR

A

$2,162

16%

B

$3,152

18%

Two independent projects have the above information. If the firms WACC is 14%, then which project (if any) should the firm select?

Project A, because it has a lower NPV and IRR

Project B, because it has a higher NPV and IRR

Both projects

Neither project

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