Capital Budgeting Methods Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs $23,000 and is expected to produce cash flows of $6,900 per year for 5 years. a. Calculate the two projects' NPVs, assuming a cost of capital of 14%. Round your answers to the nearest cent. Project S Project L Which project would be selected, assuming they are mutually exclusive? -Select- b. Calculate the two projects' IRRs. Round your answers to two decimal places. Project S Project L % % Which project would be selected, assuming they are mutually exclusive? -Select- c. Calculate the two projects' MIRRS, assuming a cost of capital of 14%. Round your answers to two decimal places. Project S Project L % % Which project would be selected, assuming they are mutually exclusive? -Select- d. Calculate the two projects' PIs, assuming a cost of capital of 14%. Round your answers to two decimal places. Project S Project L Which project would be selected, assuming they are mutually exclusive? -Select- Which project should actually be selected? -Select-