The following two mutually exclusive projects are being evaluated. the firms required rste of return is 12%

ses.ucf.edu/courses/1357966/quizzes/1978999/take D Question 11 1 pts The following two mutually exclusive projects are being evaluated. The firm's required rate of return is 12% Year Project A Cash Flow Project B Cash Flow 0 -$48,000 -$48,000 1 15,000 20,000 2 15,000 20,000 3 15,000 15,000 4 15,000 5,000 5 15,000 5,000 6 5,000 7 5.000 Which of the following statements best describes projects A and B? O Project should be accepted because it has the highest NPV. O Project should be accepted because it has the highest EAA. ONeither project is acceptable. O Project A should be accepted because it has the highest EAA O Both projects should be accepted because they have positive NPVs and EMAS