You are considering two mutually exclusive projects with the cash flows shown below. Will your choice between the two projects differ if the required rate of return is 8 percent rather than ll percent? If so, what should you do?

Year	Project A	Project B
0	- $ 240,000	- $ 198,000
1	$ 0	$ 110,800
2	$ 0	$ 82,500
3	$ 325,000	$ 45,000

	A.	Yes there is a difference. Select A at 8% and select neither at 11%.
	B.	Decision doesn't change. Regardless of the required rate, project B always has the higher NPV.
	C.	Yes there is a difference. Select A at 8% and B at 11%.
	D.	Decision doesn't change. Regardless of the required rate, project A always has the higher NPV.
	E.	Yes there is a difference. Select B at 8% and A at 11%.