You are considering the following two mutually exclusive projects. The required rate of return is 14.6 percent for project A and 13.8 percent for project B. Which project should you accept and why?

17) You are considering the following two mutually exclusive projects. The required rate of return is 14.6 percent for project A and 13.8 percent for project B. Which project should you accept and why? M Project A Project B 0 -$50,000 -$50, 000 1 24,800 41,000 2 36,200 20,000 3 21,000 10,000 A. project A; because it has the higher required rate of return B. project A; because its NPV is about $4,900 more than the NPV of project B C. project B; because it has the largest total cash inow D. project B; because it has the largest cash inow in year one B. project B; because it has the lower required return