Ch11-Q74. Project X's IRR is 25% and Project Y's IRR is 19%. The projects have the same risk and the same lives, and each has constant cash flows during each year of their lives. If the WACC is 10%, Project Y has a higher NPV than X. Given this information, which of the following statements is CORRECT? If the WACC is 18%, Project Y will have the higher NPV. The crossover rate must be greater than 10%. Project X is larger in the sense that it has the higher initial cost. The crossover rate must be less than 10%. If the WACC is 8%, Project X will have the higher NPV. Ch10-Q51. For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operatesat its target capital structure. re is cost of new stocks, rs is cost of retained earnings, rd is before-tax cost of debt. rs > re > rd > WACC. re > rs > WACC > rd . rd>re>rs> WACC. WACC > rd > rs > re. WACC>re>rs>rd