Project Xs IRR is 19% and Project Ys IRR is 17%. The projects have the same risk and the same lives, and each has constant cash flows during each year of their lives. If the WACC is 10%, Project Y has a higher NPV than X. Given this information, which of the following statements is correct? Group of answer choices The crossover rate must be less than 10%. If the WACC is 18%, Project Y will have the higher NPV. If the WACC is 8%, Project X will have the higher NPV. The crossover rate must be greater than 10%. Project X is larger in the sense that it has the higher initial cost.