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Project Scosts $15,000, and its expected cash flows would be $4,500 per year for 5 years, Mutually exclusive Project L costs $37,500, and its expected

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Project Scosts $15,000, and its expected cash flows would be $4,500 per year for 5 years, Mutually exclusive Project L costs $37,500, and its expected cash flows would be $11,100 per year for 5 years. If both projects have a WACC of 14%, which project(s) would be accepted? A) Project L would be accepted. B) Project S and Project Lwould be both accepted. C) Project S would be accepted. D) Neither Project S or Project L would be accepted. E) The information provided is not enough to make a decision

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