Question: Langton Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. What

Langton Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. What is rate of return at which the firm is indifferent between the projects? (3 points) 0 1 3 CFs -$1,100 $550 $600 $100 $100 CFL -$2,750 $725 $725 $800 $1,400 Year 07.02% 0 10.53% 0 16.59% O 12.21%
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