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$49,500, and its expected cash flows would be $11,150 per year for 5 years. If both projects have a WACC of 12%, which project would

image text in transcribed $49,500, and its expected cash flows would be $11,150 per year for 5 years. If both projects have a WACC of 12%, which project would you recommend? Select the correct answer. a. Both Projects S and L, because both projects have NPV's > 0 . b. Both Projects S and Lr because both projects have IRR's > 0 . c. Project S, because the NPVS>NPVL. d. Project L, because the NPVL>NVS. e. Neither Project S nor L, because each project's NPV

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