Moerdy & Co. is considering Projects S and L, whose cash flows re shown below. These p ojects are mutually exclusive, equally risky, and not repe table. If the decision is made by choosing the project with the higher IRR, how much v ue will be forgone? Note that under certain conditions choosing projects on the basis of the IRR will not cause any value to be lost because the project with the higher IRR vill also have the higher NPV, i.e., no conflict will exist. WACC: 10.00% Year CFS CFL 0 1 2 3 4 $1,025 $650 $450 $250 $50 -$1,025 $100 $300 $500 $700 O $5.47 O $6.02 O $6.62 O $7.29 O $7.82