QUESTION 1 New York Technology has a weighted average cost of capital of 8.82 percent and is evaluating two projects: A and B. Project A involves an initial investment of $36,400.00 and an expected cash flow of $64,900.00 in 4 years. Project Ais considered more risky than an average-risk project at New York Technology, such that the appropriate discount rate for it is 5.50 percentage points different than the discount rate used for an average-risk project at New York Technology. The internal rate of return for project AIS 10.45 percent. Project B involves an initial investment of $70,900.00 and an expected cash flow of 5111,500.00 in 5 years. Project Bis considered less risky than an average- risk project at New York Technology, such that the appropriate discount rate for it is 1.07 percentage points different than the discount rate used for an average-risk project at New York Technology. The internal rate of return for project Bis 9.19 percent. What is X if X equals the NPV of project A plus the NPV of project B? O $7467.03 (plus or minus $10) O $8148.61 (plus or minus $10) O $12050.43 (plus or minus $10) $19231.69 (plus or minus $10) None of the above is within $10 of the correct