Question $15(2$ points$)$

On$-$line Text Co$.$ has four new text publishing products that they must decide on

publishing to expand their services. The firm's WACC has been $17\%.$ The projects are equal risk beta $=1\mathrm{.}6.$ The risk free rate is $7\%$ and the equity market rate of

return is expected to be $12\%.$ The projects are expected to earn as follows: $-$ Project

W: $14\%-$ Project x:$19\%-$ Project Y : $18\%-$ Project Z:$15\%$ Which projects would

improve firm value if selected?

X$,$Y$,$Z$,$W$.$

x$,$y$.$

x$,$Y$,$Z$.$

x$.$