5. XYZ & Co. is considering two equally risky, mutually exclusive projects, both of which have normal cash flows. the projects have the same Project A has an IRR of i 1%, while Project B's IRR is l 4%, when the WACC is 896, NPV. Given this information, which of the following statements is correct? a. If the WACC is 9%, Project A's NPV will be higher than Project B's. b. If the WACC is 6%, Project B's NPV will be higher than Project A's. C. If the WACC is greater than 14%, Project A's IRR will exceed Project B's. d. If the WACC is 9%, Project B's NPV will be higher than Project A's. e. If the WACC is 13%, Project A's NPV will be higher than Project B's