Question: Farmer Co. is considering two projects S and L, with the following cash flows. These two projects are mutually exclusive and equally risky. Which of

Farmer Co. is considering two projects S and L, with the following cash flows. These two projects are mutually exclusive and equally risky. Which of the following statement is correct? A. Both projects should be invested because both projects have positive NPV. B. Project L should be invested because it has a larger NPV. C. Project S should be invested because it has a shorter payback period. D. Project L should be invested because it has a greater IRR. E. None of the above is correct. D is correct. A is correct. B is correct. C is correct. E is correct
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