projects a and b are mutually exclusive. project a costs 10,000 and is expected to generate cash inflows of 5,000 for 4 years. project b costs 10,000 and is expected to generate a single cash flow in year 4 of 23,000. the cost of capital is 12% which project would you accept and why? a. Project B because it has the higher NPV b. Project B because it has the higher IRR c. Project A because it has the higher NPV d. Project A because it has the higher IRR