finance

Use the information to answer the following questions. A company is analyzing two mutually exclusive projects. S and L, whose cash flows are shown below: Year o Year 1 Year 2 Year 3 Year 4 Cashflow for S -100 40 50 30 30 Cashflow for L - 150 10 10 50 200 Assume the company can get an unlimited amount of capital at that cost WACC NPV (S) NPV (L) 596 1096 15% 20% 25% If the company's cost of capital is 15% and the decision is made by choosing the project with the higher IRR, how much value will be forgone? (Hint: Complete the NPV profile) Select one: O a $20.80 b. $29.89 Oc. $4.01 O d. $ 0.00 O e. $12.45