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Finance 534 week 7 quiz 6 Question 1 Which of the following statements is CORRECT? Answer Question 2 Which of the following statements is CORRECT? Question 3 Assume that the economy is in a mild recession, and as a result interest rates and money costs generally are relatively low. The WACC for two mutually exclusive projects that are being considered is 8%. Project S has an IRR of 20% while Project L's IRR is 15%. The projects have the same NPV at the 8% current WACC. However, you believe