Multiple Choice
You are considering the following two mutually exclusive projects with the following cash flows. Both projects will be depreciated using straight-line depreciation to a zero book value over the life of the project. Neither project has any salvage value. 
You should accept Project _____ because its internal rate of return (IRR) is _____ %.
A) A; 13.22
B) A; 14.67
C) B; 13.92
D) B; 17.79
E) The IRR should not be used to determine which of these projects should be accepted.
Correct Answer:
Verified
Correct Answer:
Verified
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