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Question 14 4 pts A firm with an 11% WACC is evaluating two mutually exclusive projects with the following cash flows (in millions), calculate the

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Question 14 4 pts A firm with an 11% WACC is evaluating two mutually exclusive projects with the following cash flows (in millions), calculate the discounted payback for the project that maximizes shareholder value. t 0 1 N 3 4 Project X -700 400 250 250 200 Project Y - 700 100 250 350 450 3.40 years 3.24 years 2.88 years O 2.75 years O 3.08 years

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