Question: Given a 5-year Project S's NPV is $319 and its IRR is 17%; and another 5-year Project L's NPV is $324 and its IRR is

 Given a 5-year Project S's NPV is $319 and its IRR

Given a 5-year Project S's NPV is $319 and its IRR is 17%; and another 5-year Project L's NPV is $324 and its IRR is 13%. Assume Project S and Project L are mutually exclusive and both projects have the same WACC, which project(s) would you recommend? Project L Neither of them Both of them The information given is not enough to make a decision. Project S

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