Question 33 (2 points) Postville Paper is considering two mutually exclusive projects. Project A has an internal rate of return (IRR) of 12%, while Project B has an IRR of 14%. The two projects have the same risk, and when the cost of capital is 7% the projects have the same net present value (NPV). Assume each project has an initial cash outflow followed by a series of inflows. Given this information, which of the following statements is most correct? 1) If the cost of capital is 6%, Project B's NPV will be higher than Project A's NPV. 2) If the cost of capital is 9%, Project B's NPV will be higher than Project A's NPV. O 3) If the cost of capital is 9%, Project B's IRR is still 14%. O4) Both a and care correct. 5) Both b and c are correct