Hy w porontal projects for investment Project Jedi Cash Flows Year: o 1 2 3 CF: -$400 $300 $250 $150 Project Empire Cash Flows 0 1 2 Year: 3 CF: -$900 $150 $450 $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. Solely using IRR, Endor should pick project Empire. If Endor's WACC is 12%, is should choose neither project. If Endor's WACC is 7%, it should choose project Empire. Previous