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Mooradian Corporation estimates that its weighted average cost of capital is 1 1 . 5 percent. The company is considering two mutually exclusive projects whose

Mooradian Corporation estimates that its weighted average cost of capital is 11.5 percent. The company is considering two mutually exclusive projects whose after-tax cash flows are as follows:
\table[[Year,Project S CF,Project L CF],[0,($3,118),($4,343)
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