Two mutually exdlusive projects have the following expected cash flows, net present values, and internal rates of return: Initial Investment Project A $10,000 Project B $5,000 CF1 $8,000 $7,000 CF2NPV @ 15% $12,000 $5,000 $6,030 $4,868 IRR 56.5% 92.1% If the appropriate discount rate is 15%, which project should be undertaken and why? O a. Project B since its initial investment is returned in the first year and can then be invested in another projet o b. Project B since its total cash inflows are more than twice the cost of the project, whereas Project A's cash inflows are just twice the initial investment. O C. Project A since it has the higher net present value of the two projects O d. Project B since its IRR is higher than that of Project A