Compute the NPV for Project x and accept or reject the project with the cash flows shown below if the appropriate cost of capital is 10 percent. $12.93 $14.22 $42.07 $134.90 Which of the following is a true statement regarding the appropriate tax rate to be used in the WACC? One would use the marginal tax rate that the firm paid the prior year One would use the average tax rate that the firm pad the prior year. One would use the weighted average of the marginal tax rates that would have been paid on the taxable income shielded by the interest deduction One would use the marginal tax rates that would have been paid on the taxable income shielded by the interest deduction. The study of the cognitive processes and biases associated with making financial and economic decisions. asset pricing model behavioral finance efficient market hypothesis stock market bubble This technique for evaluating capital projects tells how long it will take a firm to earn back the money