Could you please show the specific work for these two? Really appreciate that!

FarNorth Airlines is considering two equally risky, mutually exclusive projects, both of which have normal cash flows (initial negative cash flow followed by a set of net positive cash flows). Project A has an IRR of 11%, while Project B's IRR is 14%. When the WACC is 8%, the projects have the same NPV. Given this information, which of the following statements is correct? a. If the WACC is 13%, Project A's NPV will be higher than Project B's. b. If the WACC is 9\%, Project A's NPV will be higher than Project B's. c. If the WACC is 6%, Project B's NPV will be higher than Project A's. d. If the WACC is greater than 14%, Project A's NPV will exceed Project B's. e. If the WACC is greater than 8%, Project B's NPV will be higher than Project A's. 8. (LO 14.2) A firm's discount rate is 15 percent. Suppose annual revenue starts at $50,000; annual expenses start at $20,400; and both will grow at a rate of 5 percent from year 2 to year 15 . The firm's tax rate is 40 percent. What is the present value of operating cash flows for all 15 years? a. $120,855 b. $115,635 c. $132,225 d. $109,485