Mutually exclusive project l costs 37500and its expected

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Project S costs $15,000, and its expected cash flows would be 4,500per 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 percent, which project would yourecommend? Explain.

Reference no: EM13570981

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