Following selected information about a project's cash flows: The IRR of this project is 14.26%. If the WACC for the project is 11%, what is the project's NPV (rounded to the nearest $1)? a. $3, 219 b. $1, 886 c. $0 d. -$2, 108 Use the following information for Questions 19-20: SoftTalker Co. is considering two mutually exclusive projects with the following projected cash flows: The WACC for both projects is 10%. SoftTalker performed an analysis of these projects using both the NPV method and the IRR method, with the following results: NPV_X = $8.756 IRR_X = 14.96% NPV_Y = $7, 065 IRR_Y = 22.98% What decision should be made regarding these projects, and why? a. Project X should be accepted, because it has the higher NPV. b. Project Y should be accepted, because it has the higher IRR. c. Neither project should be accepted, because both would result in a reduction of wealth for SoftTalker's shareholders. d. No decision can be made, because the two methods (NPV and IRR) give conflicting results. Now assume that the WACC is 12%. Which of the following statements is correct? a. There is still a conflict between the two methods: NPV indicates that Project X should be accepted, but IRR indicates that Project Y should be accepted. b. There is still a conflict between the two methods: NPV indicates that Project Y should be accepted, but IRR indicates that Project X should be accepted. c. There is no conflict between the methods: Both NPV and IRR indicate that Project X should be accepted