Co	C1	C2	C3
K	-$100	$45	$45	$60
W	-$150	$45	$45	$125

Which statement is correct based on the above information about Projects K and W? Explain each statement below and how it is either correct or false. i. If the discount rate is 7.5%, accept project W because the cross-over rate is 9% ii. If the discount rate is 7.5%, accept project W because the IRR of W is 17%. iii. Accept project K because the IRR of K is larger than the IRR of W. iv. Accept project K, because at a 9% discount rate K and W have the same net present value. v. If the discount rate is 9.5%, reject project K, because the cross-over rate is 9%.

I believe the correct option is i. Can you verify this and provide an explanation as to why it is