You are considering two mutually exclusive projects with the following cash flows. Which project(s) should you accept if the discount rate is 8.5 percent? What if the discount rate is 13 percent?

Year	Project A	Project B
0	-$70,000	-$70,000
1	31,000	0
2	31,000	0
3	31,000	102,000

	A.	accept B at 8.5 percent and accept A at 13 percent
	B.	accept project A as it always has the higher NPV
	C.	accept A at 8.5 percent and B at 13 percent
	D.	accept project B as it always has the higher NPV