Capital Budgeting Methods Project S has a cost of $1 1 090 and is expected to produce benefits ( cash flows ) of $3 400 per year for 5 years . Project L costs $23 090 and is expected to produce cash flows of $6 900 per year for 5 years Calculate the two projects " NPVS , assuming a cost of capital of 149 6 Round your answers to the nearest cent Projects Project L Which project would be selected , assuming they are mutually exclusive Select Calculate the two projects " IRRS Round your answers to two decimal places Projects 96 Project L 9/