Project S has a cost of $10,000 and is expected to produce cash flows of $3,000 per year for five years. Project L costs $25,000 and is expected to produce cash flows of $7,300 per year for five years.

1.) Calculate the two projects NPV's, assuming a cost of 12%. Round your answers to the nearest cent.

2.) Which project would be selected, assuming they are mutually exclusive.

3.) Calculate the two projects IRR's. Round your answers tot wo decimal places.

4.) Which project would be selected, assuming theya re mutually exclusive?

5.) Calculate the two projects MIRR;s, assuming a cost of capital of 12%. Round your answers to two decimal places.

6.) which project would be selected, assuming they are mutually exclusive?

7.) calculate the two projects PI's, assuming a cost of capital of 12%. Round your answers to two decimal places.

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

9.) Which project should actually be selcted?