You are considering the following two mutually exclusive projects. The required return on both projects is 12 percent Which project should you accept and what is the best reason for that decision? Year Project A $132.000 $45,000 1 Project B $116,000 $24,000 $32,000 2 $45,000 3 $54,000 $38,000 $48.000 $64,000 Multiple Choice Project B, because it has a higher net present value. Project A, because it has a higher internal rate of return Multiple Choice Project B, because it has a higher net present value Project A, because it has a higher internal rate of return. Project B, because it has a higher internal rate of return Project A, because it pays back faster. Project A, because it has a higher net present value