Use the following information about Company Y below to help answer problems 8-9. Today (T-0), Company Y is evaluating Project 1 and Project 2 Each project's initial cash outlay and future cash flows are forecasted below Management's primary goal is to maximize firm value by maximizing NPV Project RO F1 02 03 R $ 0 F7 R 360 90 90 909090909090 80 100 120 125 120 115 100 8. Assume the projects are mutually exclusive. Which of the following statements is most likely FALSE: a. The projects have the same payback period b. If the cost to finance either project is 12%, management should accept both projects c. If the cost to finance either project is 15%, management should only accept Project 2 d. If the cost to finance either project is 18%, management should only accept Project 1 e. If the cost to finance either project is 21%, management should reject both Projects 9. Assume management has enough capital to accept both projects if desired. Which of the following statements is most likely TRUE: a. The projects have the same payback period b. If the cost to finance either project is 18%, management should accept both projects c. If the cost to finance either project is 18%, management should only accept Project 2 d. If the cost to finance either project is 15%, management should reject both Projects e. If the cost to finance either project is 12%, management should only accept Project 1