Question: Given a 5-year Project S's NPV is $328 and its IRR is 13%; and another 5-year Project L's NPV is $314 and its IRR is
Given a 5-year Project S's NPV is $328 and its IRR is 13%; and another 5-year Project L's NPV is $314 and its IRR is 14%. Assume Project S and Project Lare mutually exclusive and both projects have the same WACC, which project(s) would you recommend? (No calculation is needed) A) Project L B) Neither of them C) Projects D) Both of them
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