Consider the three projects with cash flows shown in the table below. If these projects are mutually exclusive, which project would you select? Support your choice using a rate of return analysis approach. Show your work and if necessary you MUST use an RIC method to find the true IRR. n Option A Option B Option C 0 $7,000 $6,250 $12,500 1 9,500 5,500 7,531 -200 3,500 9,156 33.58% 30.81% 20.86% You may assume the following in your work: • Any non-simple investment is also a mixed investment • MARR is 16% • IRRIOption A – Ootion B) 13.7%