A firm is considering two projects of which it can only choose one. Project A has a net present value (NPV) of $2.9 million and an internal rate of return (IRR) of 12%. Project B has a net present value (NPV) of $3.1 million and an internal rate of return (IRR) of 11%. Which project should the firm choose?

a) Project A
b) Project B
c) Not enough information to decide
d) Neither Project A nor Project B should be chosen
e) Both Project A and Project B