Question: Question 17 You are considering two independent projets. Project A has an initial cost of $148,000 and cash inflows of $46,000, $79,000, and $51,000 for

 Question 17 You are considering two independent projets. Project A has

Question 17 You are considering two independent projets. Project A has an initial cost of $148,000 and cash inflows of $46,000, $79,000, and $51,000 for years 1 to 3, respectively. Project B costs $148,000 with expected cash inflows for years 1 to 3 of $50,000, $30,000, and $100,000, respectively. The required return for both projects is 16 percent. Based on IRR, you should: Select one: O a. Reject both projects. o b. Accept Project B and reject Project A. O c. Accept both projects. O d. Accept Project A and reject Project B. O e. Accept either one of the projects, but not both

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