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eBook Project requires an initial outlay att 0 of $19,000, and its expected cash flows would be $4,000 per year for 5 years. Mutually exclusive

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eBook Project requires an initial outlay att 0 of $19,000, and its expected cash flows would be $4,000 per year for 5 years. Mutually exclusive Project requires an initial outlay att 0 of $41,500, and its expected cash flows would be $14,450 per year for 5 years. If both projects have a WACC of 14%, which project would you recommend? Select the correct answer. Ca. Both Projects S and L, because both projects have NPV's > 0. Ob. Both Projects S and L, because both projects have IRR's > 0. Oc. Neither Project Snor L, because each project's NPV NPVs. Oe. Project S, because the NPVs > NPVU. Grade it Now Save & Continue Continue without saving

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