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Projects requires an initial outlay att 0 of $46,000, and is expected cash nows would be $7,000 per year for years. Mutually exclusive Project L.

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Projects requires an initial outlay att 0 of $46,000, and is expected cash nows would be $7,000 per year for years. Mutually exclusive Project L. requires an initial sutay at of $30,000, and its spected cash flows would be $15,000 per year for 5 years. I both projects have a WACC of 15%, which project would you recommend? Select the correct awer ca. Both Projects S and since both projects have IRR's >0. Cb. Project since the NPV > NPV. c. Both Projects and since both projects have NPV's > 0. s d. Project S, since the NPVs > NPV Neither Projects nor , since each project's NPV

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