The XYZ company has projects A and B, and these are mutually exclusive projects.
Project A has a net present value (NPV) of +$500,000 and an internal rate of return (IRR) of 16%.
Project B has a net present value (NPV) of +$240,000 and an internal rate of return (IRR) of 24%.
The correct decision for the company is to _____.
a) accept only project A
b) accept only project B
c) accept project A and accept project B
d) reject project A and reject project B