1.2.6.

7.8.

Project L requires an initial outlay at t=0 of $35,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 10%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $ roject L requires an initial outlay at t=0 of $57,009, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 12%. What is the project's IRR? Round your Inswer to two decimal places. % A firm with a WACC of 10% is considering the following mutually exclusive projects: Which project would you recommend? Select the correct answer. a. Project 2, since the NPV2>NPV1. b. Project 1, since the NPV 11> NPV 2. c. Both Projects 1 and 2, since both projects have IRR's >0. d. Both Projects 1 and 2, since both projects have NPV's >0. e. Neither Project 1 nor 2, since each project's NPV