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QUESTION 7 Kelseyin choosing between mo mutually exclusive projects with different te pare. The cost of capital for both Project Hare and Project Turdie is

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QUESTION 7 Kelseyin choosing between mo mutually exclusive projects with different te pare. The cost of capital for both Project Hare and Project Turdie is Which of the following ismo CORRECT Round to the nearest) 0 1 Project Hare (6.000) 4,000 3,000 1 2 3 0 Project Turtle (6,000) 2,300 2.200 3.500 4.000 If you compare the NPV of Hare againut the NPV of Turtle to decide between the projects, you are assuming that the manager of Hate will love money in the 3d und 4th years since it doesn't make anything to cover the cost of capital Ob Project Hare should be choven since its cash flows in year 1 and 2 ure significantly higher than Project Torsleyfisut two projects. C Project Turtle should be chosen sitice its profit per year is $12.11 higher than Project Hate's profit per year. Od Project Turtle should be chosen since its NPV 151620.01 higher than Project Hure's NPV Project Turtle should be chosen since its profit per year is $42.95 higher than Project Here's profit per year

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