Pettway Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. Calculate the NPV and IRR for each project. Which project should be chosen if the WACC is 12%? What is the crossover rate for the two projects? Year: 0 1 2 3 4 CFS: -$1,025 $375 $380 $385 $390 CFL: -$2,153 $750 $759 $768 $777