Question: When choosing between two mutually exclusive projects, A & B (cash flows specified in the table), the preferred criteria is [ Select ] [IRR, NPV,
When choosing between two mutually exclusive projects, A & B (cash flows specified in the table), the preferred criteria is [ Select ] ["IRR", "NPV", "Discounted payback"] . Based on the chosen criteria, project [ Select ] ["B", "A"] will be accepted, given a discount rate of 10%.
| Period | Project A | Project B |
| 0 | -480 | -480 |
| 1 | 325 | 400 |
| 2 | 325 | 250 |
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