Sawyers Company is considering two projects. Project A Project B Initial investment S85,000 $24,000 Annual cash flows $20,676 $ 6,011 Life of the project 6 years 5 years Suppose that Sawyers Company requires a minimum rate of return of 8%. Which project is better in terms of net present value? TVM Tables can be accessed here O a. both projects have the same NPV O b. project B with NPV of $0 Oc. project B with NPV of $7,756 Od project A with NPV of $4,210 Oe. Project A with NPV of $10,583