Noe Drilling Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the MIRR. If the decision is made by choosing the project with the higher IRR rather than the one with the higher MIRR, how much value will differ? Hint: 1) use IRR criteria to choose the correct project, and then calculate the NPV of that project. 2) use MIRR criteria to choose the correct project, and then calculate the NPV of that project. 3) find out the difference in NPVs (i.e. NPV of the project chosen by IRR criteria - NPV of the project chosen by MIRR c riteria). WACC: 8.00% 0 1 2 3 4 CFS -$1,100 $570 $610 $120 $140 CFL -$2,600 $825 $700 $1000 $1,200 Group of answer choices -$290.98 $290.98 $0.00 -$173.38 $173.38