You are considering two independent projects with the following cash flows. The required return for both projects is 10%. Given this information, which one of the following statements is correct?

A. You should accept project B since it has the higher IRR and reject project A because you cannot accept both projects.
B. You should accept project A because it has the lower NPV and reject project B.
C. You should accept project A because it has the higher NPV and you cannot accept both projects.
D. You should accept project B because it has the higher IRR and reject project A.
E. You should accept both projects if the funds are available to do so since both NPV's are >0.

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Project 4 $950,000 $330,000 $400.000 $450,000 Y ear Project B $125,000 S 55,000 S 50,000