Question 21 (10 points) There are two mutually exclusive projects S and L. They are equally risky, and not repeatable and their cash flows are shown below (in millions of dollars). Suppose WACC of a firm is 10% Project S S25 $25 S5 $20 0SIS S20 $6 Project L 1) Calculate NPVs and IRRs for Project S and L 2) Based on the calculation above, which one(s) is(are) acceptable if projects are mutually exclusive? 3) What are the traditional payback periods for both projects? $10 S8 Format Question 22 (9 peintel