"McCall Manufacturing has a WACC of 10%. The firm is considering two normal, equally risky, mutually exclusive, but not repeatable projects. The two projects have the same investment costs, but Project A has an IRR of 15%, while Project B has an IRR of 20%. Assuming the projects’ NPV profiles cross in the upper right quadrant, which of the following statements is CORRECT?,Answer,a. Each project must have a negative NPV.,b. Since the projects are mutually exclusive, the firm should always select Project B.,c. If the crossover rate is 8%, Project B will have the higher NPV.,d. Only one project has a positive NPV.,e. If the crossover rate is 8%, Project A will have the higher NPV."