These questions are all related to each other so please answer all of them.

2-a.

2-b.

2-c.

2-d.

The cash flows for Projects X and Y are as follows: If 9% WACC is applied, what is the IRR for project X ? 9% 7.35% 18.03% 21% None of these are correct The cash flows for Projects X and Y are as follows: If 9% WACC is applied, what is the IRR for project Y ? 23.5% 9% 16.75% 8.45% None of these are correct If both projects were independent, both projects would be: rejected because both IRRs still produce negative cash outlays rejected because both IRRs are less than the firm's WACC accepted because both IRRs are greater than the firm's WACC. accepted because both IRRs are greater than zero If both projects were mutually exclusive, using the IRR method: Project X&Y would not be chosen because their IRR is less than the WACC Project X would be chosen because its IRR is greater than the IRR of Project Y, and it is greater than the firm's WACC Project Y would be chosen because its IRR is greater than the IRR of project X and greater than the firm's WACC Project X&Y would be chosen because their IRR is greater than the WACC Project X&Y would be chosen because their IRR is greater than zero