Question: Share You said: Two mutually exclusive projects have 3 - year lives and a required rate of return of 1 0 . 5 percent. Project

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Two mutually exclusive projects have 3-year lives and a required rate of return of 10.5 percent. Project A costs $75,000 and has cash flows of $18,50, SA2,900, and $28.600 lor Years 1 to 3, respectively. Project B costs $72,000 and has cash flows of $22,000.538.000, and $26.500 for Years 1 to 3, respectively. Using the IR, which provect, or projects / either, should be accepted? 1. Reject both projects. 2. Accept Project B and reject Project A.3. Accept Project A and reject Project B 4. Accept both projects. 5. Select either project as there is no significant difference between them

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