Question: You are to decide between two mutually exclusive projects. Let us name the projects as Project A, and Project B. Project A and Project B

 You are to decide between two mutually exclusive projects. Let us

You are to decide between two mutually exclusive projects. Let us name the projects as Project A, and Project B. Project A and Project B have IRR of 20% and 17% years, respectively. However, Project A and Project B have NPV of $10,000 and $20,000, respectively. The company's cost of capital is 10%. Which project will you recommend the company to choose, and why? Explain. (4 marks)

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