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Use the information contained in the figure below, which contains the NPV profile for Project A (solid curved line) and for Project X (dashed curved

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Use the information contained in the figure below, which contains the NPV profile for Project A (solid curved line) and for Project X (dashed curved line) to answer questions 6 and 7. NPV Project A roject X Cost of Capital 0% 12% 22% 30% 6. Choose the most accurate statement. If these projects are mutually exclusive, which project should be chosen by the CEO of the firm if the CEO's primary objective is to maximize shareholder value. Assume the opportunity cost of capital is 10% for both projects. a. There is not enough information provided for the CEO to determine which project will maximize shareholder value. b. The CEO should select project A. c. The CEO should select project X. d. The CEO should not select either project. 7. What is the payback period for project X? a. 1.0 year. b. 1.5 years c. 2.0 years. d. 2.5 years. e. 3.0 years. f. There is not enough information provided to determine the payback period for project X

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