A company estimates that its weighted average cost of capital (WACC) is 14 percent. Which of the following independent projects should the company accept?

Question 9 options:

	Project A requires an up-front expenditure of $500,000 and generates a net present value of $1,200.
	Project B has a modified internal rate of return of 9.5 percent.
	Project C requires an up-front expenditure of $1,000,000 and generates a positive internal rate of return of 13.7 percent.
	Project D has an internal rate of return of 12.5 percent.
	None of the projects above should be accepted.