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Question 12 (5 points) Given a 5-year Project S's NPV is $335 and its IRR is 13%; and another 5-year Project L's NPV is $310
Question 12 (5 points) Given a 5-year Project S's NPV is $335 and its IRR is 13%; and another 5-year Project L's NPV is $310 and its IRR is 15%. Assume Project S and Project L are mutually exclusive and both projects have the same WACC, which project(s) would you recommend? (No calculation is needed) A) Neither of them B) Both of them C) Project L D) Projects
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