Question: if two mutually exclusive projects were being compared, would a high cost of capital favor the longer term or shorter term project? Why? if the

if two mutually exclusive projects were being compared, would a high cost of capital favor the longer term or shorter term project? Why? if the cost of capital declined, would that lead firms to invest more in the longer term projects or shorter term projects? would a decline ( or an increase) in the WACC cause changes in the IRR ranking of mutually exclusive projects? explain

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