Question: Problem 10-10 Capital Budgeting Methods Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for

Problem 10-10 Capital Budgeting Methods Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs $23,000 and is expected to produce cash flows of $6,900 per year for 5 years. a. Calculate the two projects' NPVs, assuming a cost of capital of 14%. Round your answers to the nearest cent. Project S Project L Which project would be selected, assuming they are mutually exclusive? Select b. Calculate the two projects' IRRs. Round your answers to two decimal places. Project S Project L Which project would be selected, assuming they are mutually exclusive? Select c. Calculate the two projects. MIRRs, assuming a cost of capital of 14%. Round your answers to two decimal places Project S Project L Which project would be selected, assuming they are mutually exclusive? Select d. Calculate the two projects, PIs, assuming a cost of capital of 14%. Round your answers to two decimal places. Project S Project L Which project would be selected, assuming they are mutually exclusive? Select Which project should actually be selected? Select
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