Los Pollos Hermans is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. Your boss, Gus Fring, asks you which project will have the higher NP. What do you respond?

Los Pollos Hermanos is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. Your boss, Gus Fring, asks you which project will have the higher NPV. What do you respond? I cannot answer this question without the cost of capital Project L Project S The NPVs will be equal