D Question 14 Endor Co. is evaluating two potential projects for investment. Project Jedi Cash Flows Year: 0 1 2 3 CE: -$400 $300 $250 $150 Year: Project Empire Cash Flows 0 1 2 -$900 $150 $450 3 CF: $800 If the projects are mutually exclusive, which of the following statements is true? If Endor's WACC is 7%, it should choose project Jedi. If Endor's WACC is 12%, is should choose neither project. If Endor's WACC is 7%, it should choose project Empire. Solely using IRR. Endor should pick project Empire