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QUESTION 24 ( Quantitative Question - Show Work) Project Shas a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per

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QUESTION 24 ( Quantitative Question - Show Work) Project Shas 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 57,400 per year for 5 years. Assuming the cost of capital of 134, a. Calculate the two projects' NPVs (round your answers to the nearest cent and draw a timeline) 1. Project L's NPV is: $ li. Project S's NPV is: $ b. Calculate the two projects' IRRs (round your answers to the second decimal place) L Project L's NPV is Il Project S's NPV is: Which project (Lor S) would be selected, assuming they are mutually exclusive, according to the LNPV rule: Project IL RR rule: Project d. Which should actually be selected if the manager is maximizing stockholder wealth? Project

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