You are considering the following two mutually exclusive projects. The cash flows from each project are shown below. The required rate of return is 14.6% for project A and 13.8% for project B. Which project should you accept and why?

Year	Project A	Project B
0	-$50,000	-$50,000
1	24,800	41,000
2	36,200	20,000
3	21,000	10,000

Group of answer choices

project A; because it has the higher required rate of return

project A; because its NPV is about $4,900 more than the NPV of project B

project B; because it has the largest total cash inflow

project B; because it has the largest cash inflow in year one

project B; because it has thee) project B; because it has the lower required return lower required return