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Project S has a cost of $ 1 0 , 0 0 0 and is expected to produce benefits ( cash flows ) of $

Project S has a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per year for 5 years. Project L costs $25,000 and is expected to produce cash flows of $7,400 per year for 5 years.
Calculate the two projects' NPVs, assuming a cost of capital of 12%. Do not round intermediate calculations. Round your answers to the nearest cent. Calculate the two projects' IRRs. Do not round intermediate calculations. Round your answers to two decimal places. Calculate the two projects' MIRRs, assuming a cost of capital of 12%. Do not round intermediate calculations. Round your answers to three decimal places.
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