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please help 3. Problem 11.11 (Capital Budgeting Criteria Mutually Exclusive Projects) eBook Project Srequires an initial outlay at t-of $15,000, and its expected cash flows
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3. Problem 11.11 (Capital Budgeting Criteria Mutually Exclusive Projects) eBook Project Srequires an initial outlay at t-of $15,000, and its expected cash flows would be $7,000 per year for 5 years. Muturily exclusive Project requires an India outlay att of $39,500, and its expected cash flows would be $7,550 per year for 5 years. 1 both projects have a WACC of 15%, which project would you recommend Select the correct answer. a. Project L, since the NPV > NPVS. b. Project S, since the NPVs > NPV. c. Neither Project Snor L, since each project's NPV 0. ce. Both Projects S and L, since both projects hqve IRR's > 0. Grade it Now Save & Continue Continue without saving Step by Step Solution
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