If the WACC was 5% and A and B were mutually exclusive, which project would you choose? What if the WACC was 10%? 15%? (Hint: The crossover rate is 7.81%)

WACC = 5%, Project A = 3.52 million; Project B = 2.86 million

WACC = 10%, Project A = .57 million; Project B = 1.47 million

WACC = 15%, Project A = -1.91 million; Project B = -.54 Million