单选题 An analyst does research about capital budgeting and gathers the following information about two independent projects:
NPV IRR
Project 1 $121200 16.7%
Project 2 $919790 13.6%
If there is no capital rationing and the company's cost of capital is 10.5%, the company should invest in:
A. Project 1.
B. Project 2.
C. both Project 1 and Project 2.

【正确答案】 C
【答案解析】[解析] 由于是独立项目,项目的决策不相互影响,只要项目的净现值大于零都可以选择。