Given the following projects A and B which are mutually exclusive and their respective cash flows, which project

Given the following projects A and B which are mutually exclusive and their respective cash flows, which project would you choose if  i) The rate of return is 8 percent            [3 marks] ii) The rate of return is 11 percent                      [3 marks] iii) How is the decision affected by the rate of return? What should the project manager do               [2 marks]       Year       Project A                 Project B  0                -$240,000                 -$198,000  1                $ 0                             $110,800   2                 $ 0                              $ 82,500    3                  $325,000                     $ 45,000