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Over-the-Top Canopies (OTC) is evaluating two independent investments. Project Scos$165,000 and has an IRR equal to 12 percent, and Project L costs $155,000 and has

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Over-the-Top Canopies (OTC) is evaluating two independent investments. Project Scos$165,000 and has an IRR equal to 12 percent, and Project L costs $155,000 and has an IRR equal to 10 percent. OTC's capital structure consists of 20 percent debt and 80 percent common equity, and its component costs of capital are rdr=5%,rs=10%, and r0=13.5%. If OTC expects to generate $250,000 in retained earnings this year, which project(s) should be purchased? Round your answers to one decimal place. Thus, should be purchased

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