Question 7' Project Brady and Project Grey are two mutually exclusive projects with equal risk that are competing to use the same nite resource of limited-edition hotstoppersl which are reusable plastic sticks designed to stop hot coffee spilling from your takeaway coffee cup. Both projects commence with an initial up-front cash inow followed in future years by a series of annual cash outows. Both projects have positive internal rates of return {IRE} and both projects share the same positive net present value {NPV} when the discount rate is exactly 19% per annmn. Project Brady has a lower IRR than Project Grey. Which of the following statements is correct? a. At any positive discount rate below 19% pa, Grey should be accepted and Brady should be rejected. 12-. At any positive discount rate above 19% p.a., Brody should be accepted and Grey should be rejected. c. At any positive discount rate below 19% p.a.l Brady should be accepted and Grey should be rejected. d. At any positive discount rate above 19% pa, Grey should be accepted and Brady should be rejected. e. More than one of the above answers are correct