multiple choice:

a. if the companys cost of capital is 16% then Y has the highest NPV

b. jf the companys cost of capital is 9.7% then Y has the highest NPV

c. if the companys cost of capital is 10% then Y has the highest NPV

d. if the companys cost of capital is 8.6% then Y has the highest NPV

The company must invest in either project X or Y. The company knows that X and Y would have identical net present values if the financing rate is 9.1%. The internal rate of return is 7.4% for project X and 8.5% for project Y. Which of the following statements is most likely consistent with the net present value profile