As a capital budgeting director of Dayton Corporation, you are evaluating two projects with the following net cash flows: Cost of Capital is 11%. Year 1 2 3 4 $-2,000 $250 $380 $480 $2,000 Y $-1,800 $1,600 $600 $200 $420 3.If Project X and Project Y are mutually exclusive, you should choose project X when WACC is between __and ; (Choose the best answer) 01.251%; 31.12% O 0%; 1.251% 1.763%; 31.12% 0%; 1.763% 14.35%; 31.12% Question 4 (1 point) Use the following information for the next three questions: Assuming that you work as a top executive manager for a conglomerate that constantly explores a broad range of investment projects across several industry sectors. Now, you have the opportunity to choose between the following two mutually exclusive projects, Project A and Project B: Expected Cash Flows (S million) Year A B 0 1 -S100 $30 555 S20 S10 $75 -S70 $50 $30 S35 2 3 4 The projects provide a necessary service, so whichever one is selected is expected to be repeated into the foreseeable future. Both projects have a 11% cost of capital. Which project should you choose? OA B