As a new product development manager, you are considering investment proposals for two mutually exclusive investment opportunities. The projects have been analyzed using net present value (NPV), inter
| Investment Proposals | |||
| Project A | Project B | ||
| Net present value (NPV) | $ 510,000 | $ 650,000 | |
| Internal rate of return (IRR) | 16% | 17% | |
| Payback | 3.50 | 3.25 | |
| Accounting rate of return (ARR) | 25% | 18% | |
