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I want the exact answer with a slight explanation You are in your first year as the financial manager at Horizon Enterprises, Inc. The projects

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You are in your first year as the financial manager at Horizon Enterprises, Inc. The projects are mutually exclusive. The firm's WACC is 12%. What is the NPV for each project? Based on the NPV method which project should the firm undertake? (Must provide NPV for both projects and choose the correct project). Year NPV Project M 0 -10,000 1 5,000 2 5,000 3 5,000 4 2,000 5 1,000 Project T -10,000 2,500 3,000 3,000 7,000 7,000

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