Flint Fruits Is Considering Two Equally Risky,mutually Exclusive Projects,Projects a and B,that

Multiple Choice

Flint Fruits is considering two equally risky,mutually exclusive projects,Projects A and B,that have the following cash flows:At what WACC would the two projects have the same NPV? $\begin{array}{ccc} \underline { \text { Year } }& \underline { \text { Project A } }& \underline { \text { Project B } }\\0 & -\$ 100,000 & -\$ 100,000 \\1 & 40,000 & 30,000 \\2 & 25,000 & 15,000 \\3 & 70,000 & 80,000 \\4 & 40,000 & 55,000\end{array}$

A) 9.56%
B) 10.33%
C) 11.21%
D) 12.55%