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Based on NPV, if Project L and Project S are INDEPENDENT , which should be accepted? Neither Both Project L Project S Based on NPV,

Based on NPV, if Project L and Project S are INDEPENDENT, which should be accepted?
1. Neither
2. Both
3. Project L
4. Project S
Based on NPV, if Project L and Project S are MUTUALLY EXCLUSIVE, which should be accepted?
1. Neither
2. Both
3. Project L
4. Project S

3.What is the IRR_L?

4. What is the IRR_S?

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