FIN 534 RANK Change The World /fin534rank.com FIN 534 RANK Change The World /fin534rank.com | Page 7

Which of the following statements is CORRECT? • Question 14 Which of the following statements is CORRECT? • Question 15 Projects C and D both have normal cash flows and are mutually exclusive. Project C has a higher NPV if the WACC is less than 12%, whereas Project D has a higher NPV if the WACC exceeds 12%. Which of the following statements is CORRECT? • Question 16 Which of the following statements is CORRECT? • Question 17 Projects S and L are both normal projects with an initial cost of $10,000, followed by a series of positive cash inflows. Project S's