Question: 13%, which project would you recommend? Select the correct answer. a. Project S, because the NPVS>NPVL. b. Project L, because the NPVL>NPVS. c. Both Projects

 13%, which project would you recommend? Select the correct answer. a.

13%, which project would you recommend? Select the correct answer. a. Project S, because the NPVS>NPVL. b. Project L, because the NPVL>NPVS. c. Both Projects S and L, because both projects have IRR's >0. d. Neither Project S nor L, because each project's NPV 0

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