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Question 12 4 pts 12. Mayfair Corporation is considering two mutually exclusive projects, S and L. The net after tax cash flows are: Year Projects

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Question 12 4 pts 12. Mayfair Corporation is considering two mutually exclusive projects, S and L. The net after tax cash flows are: Year Projects Project L -$10,000 - $10,000 0 $6,000 $1,000 1 2 2 $4,000 $3,000 3 $3,000 $4,000 4 $2.000 $8,000 At what WACC would the NPVs of Project S and Project L be equal (Hint: compute the crossover discount rate)? a. 4,45% b.5.90% c. 6.74% d. 8.28% e. 9.11%

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