New Mexico technology has a weighted -average cost of capital of 8.78 percent and is evaluating two projects . A and b. Project a involved and initial investment of 36700 and an expect cash flow of 64900 in 4 years. Project a is considered more risky than an average - risk project at New Mexico technology, such that the appropriate discount rate for it is 5.89 percentage point different than the discount rate used for an average risk project at New Mexico technology. The internal rate of return for project A is 10.71%. project b involves an initial investment of 70900 and an expected cash flow of 115200 in 5 years . Project b is considered less risky than an average risk project at New Mexico technology, such that the appropriate discount rate for it is 1.28 percentage points different than the discount rate used for an average risk project at New Mexico technology . The internal rate for project B is 9.39%z what is X if x equal s the. pV of project A plus the NoV