Capital budgeting criteria-mutually exclusive projects

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Capital budgeting criteria: Mutually Exclusive Projects Project S costs $15,000, and its expected cash flow would be $4,500 per year for 5 years. Mutually Exclusive Project L costs $37,500, and its expected cash flows would be $11,100 per year for 5 years. If both projects have a WACC of 14%, which project would you recommend? Explain. NPV ONLY!

Reference no: EM131185104

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