You will be evaluating three projects for Matthew Inc. Matthew's weighted average cost of capital or discount rate is 5%.

The first project (A) will cost $50,000 initially. The project will then return cash flows of $10,000 for years 1 and 2, $20,000 in year 3, and $25,000 in year 4.

The second project (B) will cost $45,000 initially. The project will then return cash flows of $14,500 for four years.

The third project (C) will cost $50,000 initially. The project will then return cash flows of $18,000 for three years.

Question 13 (2 points) If all three projects are INDEPENDENT, which project(s) would you ACCEPT? Question 13 options: A) Project A

B) Project B

C) Project C

D) Projects A and B

E) Projects A and C

F) Projects B and C

G) Projects A, B, and C

Question 14 (2 points) If all three projects are MUTUALLY EXCLUSIVE, which project(s) would you ACCEPT? Question 14 options: A) Project A

B) Project B

C) Project C

D) Projects A and B

E) Projects A and C

F) Projects B and C

G) Projects A, B, and C