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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

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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 0 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 Y when WACC is between and ; (Choose the best answer) 14.35%; 31.12% 0%; 14.35% 0%; 1.251% 1.763%; 31.12% 1.851%; 31.12% 0%, 1.763%

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