Which one of the assertions about statement 1 and statement 2 is true? Project A would cost 553.000 today and have the following other expected cash flows: 517.000 in 1 year. $23.000 in 2 years. $14.000 in 3 years, and $21.000 in 4 years. The cost of capital for project A is 14.57 percent. Project B would cost 5209.000 today and have the following other expected cash flows: 598.000 in 1 year. 583.000 in 2 years. 565,000 in 3 years, and $27.000 in 4 years. The cost of capital for project Bis 17.28 percent Statement 1: Project A would be accepted based on the project's internal rate of return (IRR) and the IRR rule Statement 2: Project would be accepted based on the projects payback period and the payback rule if the payback threshold is 2.47 years a. Statement is true and statement 2 is true b. Statement 1 is true and statement 2 is false c. Statement is false and statement 2 is true d. Statement is faise and statement 2 is false