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eBook Project S requires an initial outlay at t - 0 of $10,000, and its expected cash flows would be $6,500 per year for 5

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eBook Project S requires an initial outlay at t - 0 of $10,000, and its expected cash flows would be $6,500 per year for 5 years. Mutually exclusive Project requires an initial outlay at t = 0 of $45,000, and its expected cash flows would be $10,250 per year for 5 years. If both projects have a WACC of 15%, which project would you recommend? Select the correct answer. Ca. Both Projects S and L, because both projects have NPV's > 0. Ob. Projects, because the NPVS > NPV. OG Project I, because the NPV > NPVS. Od. Neither Project Snor L, scause each project's NPV 0

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