Projects A and B are mutually exclusive. The required return is 10%. Year Cash Flow (A) Cash Flow (B) 0 -20,000 -175,000 1 12,000 80,000 2 10,000 35,000 3 10,000 125,000 If you apply the IRR criterion, which investment will you choose? Why? A) Project A, because IRR is greater than 10% and higher. B) Project B, because IRR is positive and higher. C) Project A, because IRR is positive and higher. OD) Project B, because IRR is greater than 10% and higher. E) Both projects A and B, because IRR is greater than 10%