Which project should you choose if you are using the discounted payback period to decide? WACC for both projects = 7% Project L Cash Flows CFO = $130 CF1 - $20 CF2 = $60 CF3 = $85 Project S Cash Flows CFO --$225 CF1 = $95 CF2 - $90 CF3 = $80 Project L Projects Either one because both projects have the same payback period. None of the above