Question: Atlas Corp, is considering two mutually exclusive projects, Both require an initial investment of $9,900 at t=0. Project 5 has an expected life of 2

Atlas Corp, is considering two mutually exclusive projects, Both require an initial investment of $9,900 at t=0. Project 5 has an expected life of 2 years with after-tax cash inflows of $6,700 and $7,500 at the end of Years 1 and 2, respectively Project L has an expected life of 4 years with after-tax cash inflows of $4,110 at the end of each of the next 4 years. Each project has a WACC of 9.25\%, and Project 5 can be repeated with no changes in its cash flows. The controller prefers Project S, but the CFO prefers Project $1,320.80$1,166.92$1,282.33$1,307,9851,025.87
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