The Projected Cash Flows for Two Mutually Exclusive Projects Are

The projected cash flows for two mutually exclusive projects are as follows: $\begin{array}{lll}\text { Year } & \text { Project } A & \text { ProjectB } \\\hline 0 & (\$ 150,000) & (\$ 150,000) \\1 & 0 & 50,000 \\2 & 0 & 50,000 \\3 & 0 & 50,000 \\4 & 0 & 50,000 \\5 & 250,000 & 50,000\end{array}$ If the cost of capital is 10%, the decidedly more favorable project is:

A) project B with an NPV of $39,539 and an IRR of 19.9%.
B) project A with an NPV of $5,230 and an IRR of 10.8%.
C) project A with an NPV of $39,539 and an IRR of 10.8%.
D) project B with an NPV of $5,230 and an IRR of 19.9%.