You have two possible projects A and B with cash flows: 0 1 2 3 4 A -1,000 1,200 100 100 20 B -1,000 900 50 50 500 If the cost of capital of both projects is 6% what is the better project (the project that you should take) and what is its IRR? Group of answer choices Project B with an IRR of 12.00% Project B with an IRR of 36.21% Project A with an IRR of 36.21% Project B with an IRR of 23.71% Project A with an IRR of 33.89%

You have two possible projects A and B with cash flows: 0 1 2 3 4 A -1,000 1,200 100 100 20 B -1,000 900 50 50 500 If the cost of capital of both projects is 6% what is the better project (the project that you should take) and what is its IRR? O Project B with an IRR of 12.00% O Project B with an IRR of 36.21% O Project A with an IRR of 36.21% O Project B with an IRR of 23.71% O Project A with an IRR of 33.89%