Copital Budgeting Methods Project 5 has a cost of $11,000 and is expected to oroduce 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. Calculate the two projects' NPVs, assumang a cost of capital of 14%. Do not round intermediate calculations. Round your answers to the nearest cent. Project S: $ Project Lis Which project would be selected, assuming they are mutually exclusive? Based on the NPV values, would be selected. Calculate the two projects' IRR5. Do not round intermediate calculations. Round your answers to two decimal places. Project S: % Project L: % Which project would be selected, assuming they are mutually exclusive? Gased on the IRR values, would be selected. Calculate the two projects' MIRRs, assuming a cost of captal of 14%. Do not round intermediate calculations. Round your answers to two decimat places: Project 5: Project L: Based on the NPV values, would be selected. Calculate the two projects' IRRs. Do not round intermediate calculations. Round your answers to two decimal places: Project S: % Project L: % Which project would be selected, assuming they are mutually exclusive? Based on the IRR values, would be selected. Caiculate the two projects' MIRRs, assaming a cost of capital of 14%. Do not round intermediate caloulations. Round your answers to two decimal places. Which project would be selected, assuming they are mutually exclusave? Based on the MIRR values, would be selected. Calculate the two projects' Pis, assuming a cost of capatal of 14%. Do not round intermediate calculations. Round your answers to three decimal places Project S: Project L: Whach project would be selected, assuming they are mutually exdusive? Based on the Pl values, would be selected. Which project should actually be selected? should actually be selected