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.