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1 Normal 1 No Spac... Heading1Tte Subtitle Subtle Em... Emphasis Intense E. Font Paragraph Styles A firm is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO wants to use the IRR criterion, while the CFO favors the NPV method, and you were hired to advise the firm on the best procedure. If the CEO's preferred criterion is used, how much value will the firm lose as a result. 3. of this decision? 5 points) WACC: 13.00% 4 2 -$1,025 $375 S380 $385 $390 -$2,150 $750 $759 $768 $777 0 CFs CFL a. $5.83 b. $6.14 c. $6.46 d. $6.79 e. $7.13