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Wyoming Mining and Dakota Materials are separate firms that are both considering a new gold exploration project. Wyoming Mining is an actual gold mining business

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Wyoming Mining and Dakota Materials are separate firms that are both considering a new gold exploration project. Wyoming Mining is an actual gold mining business and has an after-tax cost of capital of 11.95%. Dakota Materials is a gem retailer and has an after-tax cost of capital of 13.98%. The potential project has an initial cost of $840,146 and expected cashflows of $168,029 / year for 9 years. Which firm(s), if either, show'd accept the project? O Both Wyoming Mining and Dakota Materials. Cannot be determined without additional information. O Dakota Materials only. Wyoming Mining only

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