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.

Project S: $

Project L: $

Which project would be selected, assuming they are mutually exclusive?

Based on the NPV values, (PROJECT S / PROJECT L) would be selected. CHOOSE ONE

Calculate the two projects' IRRs. Do not round intermediate calculations. Round your answers to two decimal places.

Project S: %

Project L: %

Which project would be selected, assuming they are mutually exclusive?

Based on the IRR values, (PROJECT S / PROJECT L) would be selected. CHOOSE ONE

Calculate the two projects' MIRRs, assuming a cost of capital of 12%. Do not round intermediate calculations. Round your answers to two decimal places.

Project S: %

Project L: %

Which project would be selected, assuming they are mutually exclusive?

Based on the MIRR values, (PROJECT S / PROJECT L) would be selected. CHOOSE ONE

Calculate the two projects' PIs, assuming a cost of capital of 12%. Do not round intermediate calculations. Round your answers to three decimal places.

Project S:

Project L:

Which project would be selected, assuming they are mutually exclusive?

Based on the PI Values, (PROJECT S / PROJECT L) would be selected. CHOOSE ONE

Which project should actually be selected?

(PROJECT S / PROJECT L) should actually be selected. CHOOSE ONE