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A company has a WACC of 10% and a cutoff period of 3 years. Which of the following mutually exclusive , normal projects should the

A company has a WACC of 10% and a cutoff period of 3 years. Which of the following mutually exclusive, normal projects should the company accept?

Project

NPV

IRR

MIRR

Payback (Years)

X

$10,000

15%

16%

2.5

Y

$12,000

13%

14%

3.5

a. X and Y.

b. X only.

c. Y only.

d. Either X or Y.

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